Word: journalized
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...According to The Wall Street Journal, Citi is asking to lift "pay restrictions that could break apart its legendary energy-trading unit." If the government turns the request down, it is indeed likely that many of these people will leave for hedge funds, start their own businesses, of join banks based outside the U.S. The bank is not making an idle statement. If critical people leave, so does critical income. (See pictures of the Top 10 scared traders...
...Wall Street Journal has reported that Citigroup (C) and Bank of America (BAC) have done poorly on their "stress tests". Each bank may be encouraged to raise more capital. As a number of analysts have pointed out, private equity has no interest in stakes in troubled banks even at a steep discount to their current market values. To help improve banks' capital bases, the Administration will almost certainly have to take the money it has given and is about to give to banks, and convert it into common stock. That will crush current shareholders and it will create the problem...
...Portfolio was supposed to bring the flair of Condé Nast (whose premier titles include Vogue, Vanity Fair and Glamour) to the drab, buttoned-up world of business journalism. So big-name writers and editors were lured away from prominent publications, including editor in chief Joanne Lipman, who came over from the Wall Street Journal. She got the usual Condé Nast perks: a car and driver, an office decorated in the style of her choice, business- or first-class plane tickets everywhere. (See the best magazine covers of the past year...
...however, a study in the Journal of the Geological Society throws all that into question. The asteroid impact and dinosaur extinction, say the authors, may not have been simultaneous, instead occurring 300,000 years apart. That's an eyeblink in geologic time, but it's a relevant eyeblink all the same - one that occurred at just the right moment in ancient history to send the extinction theory entirely awry. (See pictures of meteors striking the earth...
...works.Jehn was one of four finalists for the director position, along with writing program directors from comparable institutions. Though the advertisement Harvard released for the job said that an applicant must be a “published author in a liberal arts discipline and/or on writing pedagogy in refereed journal,” one writing program director with knowledge of the search, who asked not to be named, said that Harvard administrators involved in the search did not ask applicants to provide information about their previously published works.In contrast to previous directors, Jehn’s strength has been administrative...