Word: nomura
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...rates after two or three years, the loans due for reset would have been written in 2005 and 2006, the years underwriting standards were bent the most. "It's clear that the performance of loans will be worse," says Mark Adelson, recently departed head of structured finance research at Nomura Securities, "but it's not yet clear how much worse...
...long. If anything, what the Shanghai shock provided was a reason for investors-finally-to get real: relentlessly rising stock prices virtually everywhere had dulled their sense of risk to the point where "anything-somebody sneezing-could have triggered this," says Sean Darby, head of regional strategy at Nomura International in Hong Kong. "We've ignored risk globally for a long time...
...long. If anything, what the Shanghai shock provided was a reason for investors - finally - to get real: relentlessly rising stock prices virtually everywhere had dulled their sense of risk to the point where "anything - somebody sneezing - could have triggered this," says Sean Darby, head of regional strategy at Nomura International in Hong Kong. "We've ignored risk globally for a long time...
...find plenty of earthy passion in the Fenway bleachers.) But some guardians of the Japanese game fear that Matsuzaka's departure means that the 86-year-old Japanese pro leagues have become little more than a offshore farm system for the U.S. "We'll lose our best," Katsuya Nomura, manager of the Rakuten Eagles, told the Mainichi Shimbun last month. "It means the decline of Japanese professional baseball...
...NASD press release. Mary Schapiro, the president of NASD’s regulatory policy and oversight division, will assume Glauber’s post as CEO. According to the HLS website, Glauber will be co-teaching a course titled “Capital Market Regulation” with Nomura Professor of International Financial Systems Hal S. Scott in spring 2007. Glauber, who spent his undergraduate years in Dunster House, received a doctorate in business administration from Harvard Business School in 1965. He held HBS positions as an instructor in 1964, an assistant professor from 1965 to 1968, an associate professor...