Word: monday
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...that self-fulfilling spiral also means relative calm can follow bouts of chaos. Though the causes of Monday's global sell-a-thon remain unchanged, by Tuesday markets had mostly digested it all - and began looking for ways to pick up, muddle on, and possibly find a deal to be had in dumped stock. One reason for the bargain hunting is that investors know inordinately depressed markets mean there are deals to be had. "Half of the companies on Paris' CAC 40 have seen their stock fall to less than their equity capital - which makes no economic or financial sense...
...considerable snowfall, Harvard has not had a cancellation of classes due to inclement weather since the infamous blizzard of 1978, a historic storm in which wind speeds were recorded at 92 miles per hour. Even Mayor Menino’s announcement of a state of emergency for Boston on Monday flew under the radar of Harvard’s meteorological decision makers...
...midst of a celebrated career that has taken place almost entirely behind the political curtain, Nancy-Ann DeParle was introduced to a microphone on Monday by the President of the United States on live television, and she almost turned it down. "Nancy, do you want to say a little something?" Obama asked her at the end of a ceremony in the East Room. "Go ahead...
...handful of health-care reformers who spend a lot of time talking to the American people, from the President himself to Peter Orszag, the budget director, to Kathleen Sebelius, the newly nominated Secretary of Health and Human Services (HHS). Sebelius, the popular Kansas governor, was introduced alongside DeParle on Monday. DeParle, by contrast, is being tasked with what she has always done best, working behind the scenes to improve the health-care system. (See the top 10 medical breakthroughs...
...Under the ethics rules that Obama adopted in January, political appointees cannot "participate in any particular matter involving specific parties that is directly and substantially related to a former employer" for two years. A second White House official said on Monday that this rule would not prevent DeParle from doing her job. "She will recuse herself from what she needs to," the official said. "She does not need a waiver...