Word: meetness
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...good news about hedge-fund selling is that many funds raised substantial cash in the past month and should be able to meet redemptions with money they have on hand - at least in the short term. But the mutual-fund industry - for which fleeing investors don't have to give a 45-day notice, as they do for most hedge funds - may be a different story. According to an analysis by TrimTabs Investment Research, in the last bear market, at the time of the bursting tech bubble, 4.3% of dollars in U.S. stock funds were withdrawn. So far in this...
...market, that could pose a double whammy. As mutual funds have been forced to sell long-held positions to meet redemptions this year, they have generated capital gains - which must be passed along to investors. We might therefore also see a round of year-end selling of mutual-fund shares by investors looking to offset gains and avoid paying taxes by locking in losses. "Tax-loss selling is a very powerful force," says Joe Battipaglia, market strategist for the private client group at Stifel Nicolaus. "The market is down 50% from a year ago - those are sizable losses...
...convention will meet in Poland next week, on the 14th anniversary of the Kyoto Protocol, to discuss ways to address climate change after the landmark treaty expires...
...Haddad-Fonda, who is concentrating in history and near-eastern languages and civilizations and is a resident of Pforzheimer House, said he is planning a doctorate in oriental studies at Oxford. “It’s still overwhelming at this point, just to get the opportunity to meet other people involved in the process,” Haddad-Fonda said. He has taken both Mandarin and Arabic classes at the College and has conducted research in Beijing and Cairo under Professor Xiao Yuan Liu, then a visiting professor at Harvard. Explaining his research interests in oriental studies, Haddad...
...obvious reasons, they are mostly in and around Goma. I can understand the frustration. But you can see the scale of the problem, and we're just trying to manage these realities and these operational dilemmas. The expectations of what we can do are a problem. We cannot meet them at this stage. I would be less than honest if I said we can guarantee the protection of every civilian. We were brought in as a peacekeeping force, and we have now had to take on some dimensions of peace enforcement. Self-protection is part of the soldiers' motivation...