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...with ever greater enthusiasm because it is so weak and cheap to borrow. "Dollar borrowing picked up steam after the G-20 summit {that ended in Pittsburgh on September 25} when traders concluded that interest rates in the U.S. were going to stay low for a long time," says Mark Matthews, chief Asia strategist for Fox-Pitt Kelton Securities. Adds Olivier Desbarres, a currency strategist for Asia with Credit Suisse: "Hedge funds, pension funds, and the trading desks of investment banks are now all putting this trade...
This year, Harvard Law School has seen a 20 percent reduction in the number of firms participating in its recruitment process, according to Mark A. Weber, assistant dean for career services at the Law School. Some members of the class of 2009 received deferred start-dates as firms struggled to keep the hiring commitments they made two years earlier. And starting salaries for the largest firms have dropped from around...
...happy place," he says. "I think print and the Internet complement each other more than people realize." Certainly, there's something about once-in-a-lifetime occurrences that cry out for print. It's as if holding something tangible is a more satisfying way to process and mark big events than bookmarking a page. (See the 25 best blogs...
Either way, both sets of siblings plan to make their mark on Crimson athletics, and Harvard cross-country is more than happy to keep it all in the family...
...miles across the state to Grand Rapids to live-blog the game from a chicken-wing restaurant. At a dinner party the night of the game, word of the Lions' win sparked mixed reactions. "Say what?" one woman asked upon hearing the news. Another dinner attendee, retired auto executive Mark Reynolds, compared the Lions to the New York Mets of 1969 - the year the Mets eschewed their status as one of professional baseball's worst-performing teams by winning the World Series. "They had fans wishing, and praying, that this year, finally, they'd win. But of course, until...