Word: institutionalized
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Spotted: Girls in flattering summer dresses, guys in button-downs, and faculty in their “cool” clothes. Oh, when it’s only the first week of classes and every one is dressed to impress, when the Harvard community once again starts out the year...
And, so, we propose to all the companies flailing in this soon-to-be bankrupt economy a "take-away test" to figure out which of your employees you really need. Simply give each worker a nice long vacation - paid, of course (it will be a cost-saver in the long...
But while the Bush Administration bailout plan does require an unprecedented outlay of taxpayer funds, White House officials say the cost of a crippled economy would be an even greater burden on average Americans. Treasury Secretary Henry Paulson believes that while the House Republican proposal would help moderate the current...
The urgency of the task at hand was underscored by the news Friday that yet another financial institution - Washington Mutual of Seattle - had been taken over by the government and had most of its assets sold off to JP Morgan Chase. Even Democrats were unsettled by the urgency with which...
Some Russia watchers are expecting much more upheaval. Vladimir Savov, an analyst for Credit Suisse in Moscow, sees the recent turmoil as the beginning of a broad consolidation of Russia's highly-leveraged banking sector. "We want to hope that this will improve the resilience of Russia's financial markets...