Word: investors
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Dates: during 1990-1999
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...meant that Joe Public had to go to three separate places to get a loan, invest in the stock market and buy insurance, rather than do all of his banking under the same roof. Visiting three different financial institutions is not an inconvenience to your run-of-the-mill investor. The vast majority of people use banks for modest loans, mortgages and various kinds of insurance. They don't need mega-banks with gross incomes larger than that of most countries...
Cambridge has been awarded AAA status by the two other major U.S. financial rating agencies this year, Moody's Investor Services and Fitch IBCA. It now joins cities such as Indianapolis, Minneapolis and Winston-Salem, N.C., in the top tier of six municipalities in the U.S. that have received AAA ratings from the three major agencies...
Moved PermanentlyMoved PermanentlyFortune Investor DataThat didn?t stop the bond market, which has been smelling inflation all week, from running the yield on Treasury's benchmark 30-year issue to a new two-year high of 6.36 percent at one point. (When no one wants a bond because expected inflation would eat into its long-term value, its yield ?- the payoff for putting your money in it ?- goes up in response; 6.36 is about equivalent to abject begging.) But even that spike was showing signs of flattening as a correction of the correction set in. None of this changes...
...alma mater twice over, as he graduated from the College and the Business School. For the extremely successful investor, endowing Harvard means more than writing the occassional check...
...successful investor with a lucky streak, Loeb moved his company, Carl M. Loeb and Co.--which later became Shearson Lehman Brothers, Inc.--out of Cuba the day before Fidel Castro grabbed power...