Word: majors
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...income level. French banks have also always favored fixed-rate mortgages over more enticing but perilous variable-rate loans. The French real estate market is slowing, but the more prudent approach of French banks lessens the prospect of foreclosures, which have haunted millions in the U.S. and are one major origin of the current crisis. That's hardly a reason for smugness, either, though, since there's scant evidence that enlightened domestic practices in France or anywhere else can ward off contagion from a global meltdown...
...couldn't pull off. There was Carol Loomis, the writer at Fortune (which, like TIME, is owned by Time Inc.), who edited Buffett's annual letter to shareholders. And, most vividly depicted of all, there was Katharine Graham, the publisher of the Washington Post, in which Buffett was a major investor. Graham became Buffett's entrée into high society (the man of notoriously simple tastes once said he had an easier time talking to Dolly Parton than to Princess Di), and Buffett became Graham's tutor in the ways of business. With Graham, Buffett the protected became Buffett...
...snubbed Harvard in the past, and many more will do so in the future. Still, all of these stories have some place in Harvard’s larger history. In one sense, they acknowledge an inherent limitation of Harvard athletics. We are stuck at the threshold of being a major athletic program—good enough to garner interest, but not to be a main attraction...
...Stearns represent one of the focal events in American financial history,” said Bergstresser, an assistant professor at the Business School and one of the case’s co-writers. “Until the market events of last week, the collapse of Bear was the major financial event of the last 10 years...
...viable subject for discussion, since the elaborate institutional demands needed for a just world cannot be met at the global level at this time.” Sen said he considers the transcendental theory’s focus on rules, rather than on their effect on people, a major shortcoming. “Justice cannot be indifferent to the lives of people,” he said...