Word: intrinsice
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In addition to receiving $5.2 million in compensation from hedge fund D.E. Shaw and $2.7 million in speaking fees, former Harvard President and professor Lawrence H. Summers also received nearly $600,000 in salary from the University this past year—only slightly less than what he was earning...
Finally, the seemingly unprecedented drop in prices together with increased default rates made it nearly impossible to assign value to MBS. As a consequence, MBS that had some intrinsic value were illiquid, and banks were forced to keep the toxic assets on their balance sheets.
To the editors: The Crimson reported the expected executive order permitting the federal funding of medical research involving the destruction of human embryos (“Stem Cells to get Federal Funding” news story, March 9). The judgment by the author that the previous arrangements imposed ?...
There are few things that carry more intrinsic good than a bike ride. Bike skeptics truly underestimate the simple pleasure of riding down the banks of the Charles on the first warm day of the spring—and the knowledge that you are frolicking entirely carbon-free. The Boston...
At the beginning of this year, the Recording Industry Association of America announced that it was going to stop pursuing litigation against individuals who participate in illegal person-to-person music sharing and instead focus on its fight with internet service providers. Without the threat of lawsuits, music downloading essentially...