Word: millers
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...pack, Belstaff has been in business since 1924, when the British company broke new ground with its use of breathable, waterproof waxed cotton. Steve McQueen wore Belstaff in The Great Escape, Che Guevara wore it on his famous ride through South America, and racing champions like Sammy Miller were staunch supporters. In the '90s, under the threat of financial demise, Belstaff was saved by Italian racer, motorcycle designer and fan of the brand Franco Malenotti. Economic concerns eventually forced the company to relocate to Italy, but loyalist Malenotti, by transplanting the factory boss from Britain and continuing to use English...
...Still, most agree the potential repercussions are far-reaching. "It's the ripple effects, the domino effects" that are worrisome, said Pincus. "I think it's [going to be] one of the next shoes to fall" in the credit crisis. Miller said the subprime debacle, rising unemployment, record-high oil prices, and now CDS market troubles "have all the makings of the perfect storm.... There are some economists who say this could be another 1929 - but I don't believe it," he said. "We have a lot of safeguards built into the system that did not exist...
...situation is exacerbated by the heavy trading volume of the instruments, the secrecy surrounding the trades, and - most importantly - the lack of regulation in this insurance contract business. "An original CDS can go through 15 or 20 trades," said Miller. "So when a default occurs, the so-called insured party or hedged party doesn't know who's responsible for making up the default and if that end player has the resources to cure the default...
...frustrating. No policy expert has a perfect track record, said Belfer Center expert Stephen M. Walt, who was one of 36 American political scientists to sign an advertisement in The New York Times in September 2002 opposing the war. Only one of his Harvard colleagues, Stephen E. Miller, joined him in signing the letter. “What is more troubling is the absence of remorse or regret or humility on the part of many of the people who helped get the country into war,” Walt said. “I’d feel better...
...America in December and was taken by a total of 3,753 students from 516 colleges in the United States and Canada. Results were released by the College’s mathematics department on Friday. The winning team members were Tiankai Liu ’08, Alison B. Miller ’08 and Zachary R. Abel ’10, each of whom received a $1,000 award. “It’s surreal,” Abel said about the win. “It was nothing that I was expecting.” Arnav Tripathy...