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Word: meltdown (lookup in dictionary) (lookup stats)
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...face of the greatest financial meltdown in decades, University President Drew G. Faust made one thing clear: Harvard’s $36.9 billion endowment would be affected...

Author: By Athena Y. Jiang and June Q. Wu, CRIMSON STAFF WRITERSS | Title: In Letter, Faust Warns of Potential Financial Losses | 11/11/2008 | See Source »

...been the failure of many great diplomatic efforts will by no means be an easy task. But Obama, strengthened by his mandate at home and even abroad, and spurred on by his pledge to fix Afghanistan, is the man for the job. The time is right. Despite the economic meltdown, the U.S. has leverage in the form of an agreement to sell India civilian nuclear technology and fuel. Pakistan has a civilian government for the first time in nine years, and a desperate need for cash and trade. There is nothing to lose, and everything to gain...

Author: /time Magazine | Title: The Key to Afghanistan: India-Pakistan Peace | 11/11/2008 | See Source »

...face of the greatest financial meltdown in decades, University President Drew G. Faust made one thing clear: Harvard’s $36.9 billion endowment would be affected...

Author: By Athena Y. Jiang and June Q. Wu, CRIMSON STAFF WRITERSS | Title: Harvard Forecasts Shift in Budget Priorities | 11/10/2008 | See Source »

...These wild swings are unsettling. But against the backdrop of virtually unprecedented uncertainty and complexity that surrounds the meltdown of the global financial system, they are not necessarily irrational. They mimic the mind-set of investors who are cycling between greed and fear as they try to assess whether financial stability is returning, and whether the market has reached bottom after a long and costly plunge. Investors are trying to judge whether stocks have indeed become cheap, as some gurus including Warren Buffett have recently argued...

Author: /time Magazine | Title: Looking for the Bottom | 11/6/2008 | See Source »

...gets forgotten in all bubbles," says Peter Bernstein, an investment adviser and the author of Against the Gods: The Remarkable Story of Risk. "We've been down this particular road before." Indeed, we have. After every other trauma--the 1987 stock-market crash, the savings-and-loan crisis, the meltdown of the Long-Term Capital Management hedge fund--boisterous, unchecked risk-taking eventually rushed back in. "In times like this, people do listen to risk managers," says John Hull, professor of derivatives and risk management at the University of Toronto. "The problem is, times will become good again, and then...

Author: /time Magazine | Title: Reassessing Risk | 11/5/2008 | See Source »

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