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Joseph Battipaglia, chairman of investment policy at Gruntal & Co., a major brokerage company, predicts an actual decline in the rate of the 30-year Treasury bond to around 5.75% by year's end and possibly to 5.5% sometime in 2000. Barton Biggs, chairman of Morgan Stanley Dean Witter Investment Management, is generally the most pessimistic of the board members, but on this subject he goes Battipaglia one better. His prediction: "A year from now [the 30-year Treasury rate] will be in the area...

Author: /time Magazine | Title: TIME Board Of Economists: Wall Street's Ghostbusters | 6/28/1999 | See Source »

Daniel R. Morgan '99, a member of the Living Wage Campaign, took the makeshift stage to explain the purpose of the event...

Author: By M. DOUGLAS O malley, CRIMSON STAFF WRITERS | Title: Graduates Protest Greenspan Speech | 6/25/1999 | See Source »

...Morgan called the selection of Greenspan as speaker "a slap in the face for everyone. It's an insult to everyone here because this is what Harvard thinks is a model Commencement Address speaker...

Author: By M. DOUGLAS O malley, CRIMSON STAFF WRITERS | Title: Graduates Protest Greenspan Speech | 6/25/1999 | See Source »

...most moving sights I've seen here in my four years now," Morgan said of the sight of students exiting the Yard. "This is our Commencement, not Harvard's Commencement," he said...

Author: By M. DOUGLAS O malley, CRIMSON STAFF WRITERS | Title: Graduates Protest Greenspan Speech | 6/25/1999 | See Source »

...Usually when companies go public they use an investment bank like Morgan Stanley or Goldman Sachs to help market the stock to big investors. The banks charge a hefty sales commission -- called an underwriter's fee -- for the service, customarily around 7 percent of the total offering price. Instead Salon paid just 5 percent to San Francisco's W. R. Hambrecht. But here's the more important part. The mechanics are complicated, but common sense says that iVillage's offering price was set too cheap if it immediately quadrupled. Even though iVillage's first-day run-up was spectacular, most...

Author: /time Magazine | Title: Salon Goes Dutch | 6/23/1999 | See Source »

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