Word: mutuals
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Dates: during 2000-2009
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...this the moment the European Union's ambitious climate change agenda unraveled? At the end of the two-day E.U. summit in Brussels Thursday, European leaders congratulated one another on their bold bank rescue plans. But the mutual backslapping might have provided perfect cover for a retreat from their long-standing commitment to reduce Europe's overall CO2 emissions by 20% by 2020, compared to 1990 levels...
...despite the big losses, hedge funds have fared relatively well compared with the overall market. The average hedge fund was down 10.3% through the end of September, according to Hennesse. That compares with a drop of 21% for the S&P 500 in the same time period. Many large mutual funds like Fidelity's Magellan are off even more...
...would officially confirm the parties involved in the negotiations. Tony Cervone, GM vice president of communications for North America, said GM was not going to comment on any discussion with Chrysler. "Without referencing this specific rumor, as we've often said, GM officials routinely discuss issues of mutual interest with other automakers," said Cervone. As for Cerberus, Tim Price, an executive with the company said, "I'm not going to comment on private business meetings." But Price added, "Look, everybody is talking to everybody else in the automobile industry...
...committee members think such selections contribute to mutual understanding, they are fools. If they do not, they are, I’m afraid, fiends...
...Hartford, two well known insurance giants, had experienced huge losses on their investments and were seeking billions in private investment to keep up their reserves. Their stocks have dropped by at least half in just a month. After all, wasn't this the way Bear Sterns, Lehman Brothers, Washington Mutual, and Wachovia started their slides into oblivion...