Word: loss
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...interbank lending market," says Roger Craine, another Berkeley professor and a former Federal Reserve economist. The big problem now is that banks are unwilling to let go of their money because of counterparty risk - the fear that the borrower may go under, sticking the bank with the loss. "If the bank you lend to has assets in a hedge fund that goes under then they are likely to go under," explains Craine. A coordinated interbank debt guarantee by governments would temper that fear of lending. There's a moral hazard here, too, in that a guarantee might tempt banks...
Professor Alex de Waal, a senior fellow at the Harvard Humanitarian Initiative, stressed the danger in the loss of international interest in Southern Sudan. He stated that internationalism is a necessary facilitator, although the solution must come from the Sudanese people...
...rolls into Cambridge, hoping to come out on top for the first time in 15 years. Last season Cornell came close to ending the streak but still came up short in a hard fought 1-0 loss in Ithaca...
Harvard (4-3-3, 1-1) is riding high coming off a dominating 3-1 win over the league rival Bulldogs last week. After a 2-0 loss at Penn snapped its six-game win streak two weeks ago, the squad jumped right back on the horse, showing its true capabilities against Yale...
...Simplifying the image underscores the grandeur of the movements filmed; there is something epic about the way a flowing line of horses stretch across the screen, creating a continuous sienna strip. At times, the image is reminiscent of early impressionist painting—Turner comes to mind. With the loss of image clarity comes an exciting development. The works in Lossless come out of the destruction of existing film, but they may be equally viewed as forays into a new medium. The serial titles connect the installations to the exhibition and the ideas behind it, cutting them off from...