Word: managerized
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What's more, it's not just no-name investors who are suffering the losses. Many of the industry's biggest stars are licking their wounds this year. Last week, Tontine Partners, a formerly $10 billion hedge fund based in Greenwich, Conn., told investors it had lost 65% of their...
Suk Joo Hong, the manager of the music business department at the Isang Yun Peace Foundation, wrote in an e-mail that the concert’s organizers invited Koh to perform Yun’s cello concerto because “Bong-Ihn’s playing Isang Yun?...
To be sure, some cases have been clearly inappropriate - such as the Florida middle school instructor who was suspended Oct. 2 after writing a racial slur about Obama on his blackboard. Other situations, however, are more ambiguous. Consider the class of first graders at a San Francisco charter school, which...
Economists say China's peculiar combination of unbridled capitalism and top-down state control has walled off the country's banks from most of the potentially harmful effects of the crisis. Although the country's membership in the World Trade Organization has required it to open its financial services sector...
In their infinite wisdom, European governments have now decided that letting the state effectively get control of ailing banks is the way out the current financial mess. But the French government really messed up the last time it had control of a chunk of the nation's banking system. That...