Word: interesting
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
ACQUITTED After his January arrest, South Korean economic blogger Park Daesung, 31, was freed when a judge ruled there was no evidence that he intended to "undermine public interest" with his attacks against the government's response to the financial crisis...
...past includes bad mortgage loans, collateralized debt obligations and all manner of other lunkheaded lending decisions. It was also characterized by a 15-year decline in the net interest margin, a core measure of bank profitability that is the difference between what banks pay to borrow and what they charge to lend. The net interest margin is partly a product of interest rates: banks borrow short term and lend long term, so when long-term interest rates drop below short-term rates (as happened three times in the past 15 years), margins are squeezed. But another big factor has been...
...hibernation. Two of its leading institutions, Goldman Sachs and Morgan Stanley, have become commercial banks. With fewer competitors, banks have a lot more pricing power, while Federal Reserve lending programs and Federal Deposit Insurance Corporation (FDIC) guarantees of deposits and bank-bond issues have sharply lowered funding costs. Net interest margins appear to be turning the corner, and as a result, it is not inconceivable that banks will be able to steadily earn their way out of their problems over the next few years...
...division. “It no longer makes any sense to be in the same department...It’s come to a point where we don’t really share much in common with our colleagues.” The administrative complexity and the differences in academic interest has made the formation of the human evolutionary biology department the “logical conclusion” to about five years of discussion—but not much is changing, Lieberman said. “The administrative structure is the thing that’s changing...
...many of the entities that Harvard owned and invested in, both for- and non-profit, were directed and staffed by former University employees who continued to receive millions of dollars in management fees from Harvard, presenting what he saw as a conflict of interest...