Word: lacking
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Dates: during 2000-2009
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...entire history of equity markets. While the markets were already ominous prior to Lehman’s collapse, he says the event exacerbated the crisis by triggering massive risk replacement for the many derivative contracts held by Lehman, increasing potential systemic risk in the markets, and instilling a general lack of investor confidence. “We were well prepared, but we didn’t expect the Lehman failure, and obviously things were terribly difficult in the fall,” Kaplan says, noting that even a diversified portfolio cannot protect investors against simultaneous drops in nearly all asset...
...United States of the World” or “Empirical and Mathematical Reasoning” if taken for the full year—but not both. Kenen, Harris, Miron, Stock, and Mankiw all declined to comment on the specifics behind Ec10’s approval.Since Gen Ed lacks a clear category for economics, economists have met the curriculum with indifference or hostility.“I don’t see how you can possibly evaluate different things without knowing some microeconomics that’s global or national,” says Economics Professor Ariel Pakes...
...most popular Law School Dean in recent memory but also managing a budget squeezed by a precipitous fall in the University endowment and making difficult decisions as to how to restructure a large, hallowed institution that just a few years ago was known for infighting among faculty and a lack of concern for student life...
...Faust hopes to install a Dean that can hit the ground running on the budget and continue the budgetary reforms initiated by Jackson, she may favor him as permanent Dean. Professors Manning, Minow, and Wilkins lack Jackson’s familiarity with the budget and might be unable to make progress on the budget as quickly, according to several senior professors on the faculty...
...centerpiece of the Allston campus—receives its dose of administrative caution. Last month, Gordon said it was “extremely unlikely” that the project would be stopped forever. But he would not say for certain.‘STAY THE COURSE’The lack of consultation during the Summers planning process has also frustrated some faculty members, who feel the current fiscal predicament could have been at least partially avoided through a more open process.“I think many of us on the faculty felt that the mission on this side...