Word: partner
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...Another survival strategy: sell stakes in your bank to foreigners, so you can tap their capital and expertise. "With foreign partners, we can think 'O.K., you are the competition, but we are friends, so let's share experience,'" says Trung of Sacombank, which has three foreign partners, including ANZ, holding 10% each. (Vietnam limits foreign ownership of local banks to 30%.) Such local matches are a typical developing-market entry strategy for multinational institutions, which are keen to share their superior technology and know-how in evaluating lending risks in exchange for local knowledge and existing national networks...
...leading catbirds, Blackstone's Stephen Schwarzman and Apollo's Leon Black, happen to be old pals of Silverman's. In the 1980s, Silverman too was an LBO artist, working alongside corporate raider Saul Steinberg and funding his exploits with Michael Milken's Drexel junk bonds. Then, as a partner at Blackstone in the early 1990s, he sniffed a change in the financial winds, cobbled together a few struggling hotel chains (starting with Ramada and Howard Johnson) into Hospitality Franchise Systems (HFS), took the company public and stayed...
...fear of not employing enough TFs; and graduate students do not develop a full range of pedagogical skills. As reform proceeds, the College and the Graduate School must encourage additional, more flexible deployment of teaching fellows, not to substitute for faculty engagement with undergraduates, but to allow TFs to partner with faculty in seminars that combine lectures and discussions, to help design course materials and “hands-on” learning environments, and to support courses with improved technologies. Departments, in turn, should be allowed to spend teaching fellow budgets flexibly and creatively...
...Harvard Allston Task Force Chair Ray Mellone, who also participated in the task force formed in the nineties, said that during the meetings, Harvard played the role of a partner, not of an aggressor...
Nonetheless, Landé said she disagreed with Safieh’s assertion that Hamas would be a good partner in negotiations...