Word: mutualism
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LaRoe started getting calls immediately. People who had pledged to invest half a million dollars were dialing back to $200,000. Those who had been offering $200,000 were opting out altogether. Throughout the fall, the hits kept coming. Washington Mutual collapsed. Wachovia was sold off. Treasury Secretary Hank Paulson went before Congress begging for money, looking as if he'd seen a ghost. "It got to the point where I didn't want to pick up the paper or turn on the TV," says LaRoe. "The mantra I kept singing was 'This is perfect, guys. This is perfect...
...securities, according to the FDIC. At the most troubled of the big banks, Citigroup, the figure is 27%. (Citi's domestic depositors account for just 16% - its main deposit base is overseas.) These bank bonds are mostly in the hands of large, sophisticated institutional investors - pension funds, insurance companies, mutual funds. It may be too much to ask small depositors to monitor the risks at the banks where they put their money and pay for getting it wrong. But these bond buyers are pros. If there is to be any market discipline of risk-taking by banks, bond investors ought...
...ideal Harvard—a Harvard at which students feel safe, supported, and guarded—mutual respect and understanding are both indispensable and necessary. Along with many others in the Harvard community, we in the Harvard Office of Sexual Assault Prevention and Response Student Alliance and the Harvard Men Against Rape seek to foster a culture of sexual respect and safety at Harvard. For such a culture to flourish, regard for the privacy and emotions of sexual assault victims is essential. The Crimson’s recent articles “Sexual Assault in River House Reported Saturday?...
...communication barrier for this ostensibly odd couple. What is fascinating about this burgeoning friendship between a homeless Japanese girl and an aging German man is that the relationship transcends labels—it is neither sexual nor paternal. Instead, these two are spiritual partners in life, sharing a mutual obligation to help each other find beauty in loss while overcoming grief.The success of this film rides on the fact that Dörrie guided what could have been an overtly maudlin disaster into an aesthetically stunning and thematically satisfying piece of visual art. But the movie falters when it begins...
Maybe the Muslim world is, after all, a mystery to the West. Maybe the two cultures have simply diverged one step too far from each other—somehow neither can break the encryption just beneath the surface of the mutual chatter that seems to elicit so much wrath and illuminate as little common ground. Maybe the only hope that the people of the West can understand the subtlety and beauty of the Islamic culture comes in the form of a docu-drama made up to look like an historical epic—one whose patronizing tone is only outpaced...