Word: interest
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Dates: during 2000-2009
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...good at the job. "I had trouble with the language, with the speed and the pacing." Soon enough, though, he designed a lucrative $100 million trade - then the largest of its kind Goldman had ever handled - for a Muslim client to comply with the religion's rules against receiving interest payments. In 1984, Goldman partner and J. Aron chief Mark Winkelman put Blankfein in charge of a group of foreign-exchange salesmen and later in charge of all foreign-exchange business. Rubin, then on the firm's management committee and responsible for both risk arbitrage and J. Aron, had advised...
...financially underwater, the answer is probably yes, according to industry experts and recession-whipped car sellers, who point to low-interest loan rates, government givebacks, manufacturer come-ons, desperate dealers willing to haggle and the specter of rising prices down the road. (See the most exciting cars...
Then there's the current-day math. A good many carmakers - among them VW - are offering no-interest loans for new cars, while others are advertising rates ranging from 1.9% to 3% for 24-, 36- and 60-month loans. (Compare that with the 5%-to-6% rates for used cars.) "This has been some year," notes Craig Rosenfeld, founder of the Vision Auto Group in Leesport, Pa., which sells Porsches, Audis and VWs. "There have been a lot of changes in marketplace dynamics, in buying habits, sales strategies. We're seeing a lot of traffic, a lot of interesting things...
...Though Harvard will not be offering any official programming during the January break, the Office of International Programs, Office of Career Services, Office of the Arts, Center for Public Interest Careers, and Philip Brooks House Association will be available to assist those not allowed to stay on campus with finding internships, travel abroad opportunities, or other activities for the break...
...brief hiccup that served as nothing more than a semicolon in a decade-long, run-on sentence of previously unimaginable financial growth. As I was 10 years old, it would be a stretch to claim that I was aware of the market’s rise that summer (whatever interest I could afford to the news was gobbled up by the much more interesting Monica Lewinsky). But with hindsight, the boom of the 1990s seem perfectly captured by that record-shattering season...