Word: mutualize
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...following January. Studying the bass extensively, McCarty enjoyed his studio teachers and the stimulating environment. Still, he couldn’t escape the haunting shadow of his earlier high school chemistry days. Before even entering Harvard, his strong chemistry record was the talk of the department. Sharing a mutual love of music and chemistry, Justin quickly formed a relationship as a first-year with the then senior lecturer and freshmen adviser in the Chemistry department, Jim Davis (who retired a year and a half ago). The precociousness of the McCarty clan was not unknown to Davis, however, who also acted...
...best medical editor I’ve worked with,” said Gibbons, who credits a mutual friend for bringing Reynolds’ talents to his attention...
...regulate that? For one thing, as with last year's corporate accounting scandals, boards of directors will get closer scrutiny. Congress is considering a bill that would tighten board oversight of mutual-fund managers and increase the number of independent directors, including the chairman. Spitzer says that an alert board of directors can easily detect market timing using public information about the fund's trading volume, and would never allow fund executives to trade their own funds against the interest of shareholders, as the chairman of Strong Funds is accused of doing. (Richard Strong has said he will reimburse...
...Phillips, managing director of Morningstar, the leading mutual-fund rating agency, says the rash of revelations about improper trading will force funds to be more transparent. "The fund industry is going to get the biggest scrubbing that it has ever gotten," Phillips says. Details about fund expenses, for example, could reveal whether market timing is inflating transaction costs. Academics estimate that late trading costs investors $400 million a year and market timing $4 billion to $5 billion. Aggressive fees for short-term trades would show that a fund is discouraging rapid trading, a signal of market timing...
...charges of illegal trading pile up, what are investors supposed to do? Are all mutual funds tainted? Could yours go belly-up? Should you bail out? First of all, don't panic. Most of the roughly 650 firms that run mutual funds have not been accused of doing anything wrong. When the investigations are over, many will be proved entirely trustworthy. And as for funds run by companies that are found guilty, there are limits to how low they can go. By law, a mutual fund can never go bankrupt. It cannot become insolvent unless all the stocks and bonds...