Word: pasted
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...haven't we seen more evidence of this yet? I think the media hasn't put it together, but it actually is starting. The default rate for the past 12 months is roughly 12% - that's very high. Half of those companies that have defaulted, according to Standard & Poor's, had some type of private-equity involvement in their corporate life. A lot of those are PE-owned companies, ranging from Chrysler to the Tribune Company to Simmons Bedding. We've already seen the tip of the iceberg...
...expansion has not fundamentally changed over the years - centers on interviews with a rotating sampling of 60,000 households. Workers are sorted into three categories: employed, unemployed and not in the labor force. To be counted as unemployed, a worker must have "actively looked for work" in the past month - a definition some analysts say is too narrow to capture the breadth of the economic pain. A more realistic one, they argue, would include discouraged workers who have looked for work within the past year as well as underemployed Americans seeking full-time jobs. Taking these categories into account...
After the offense’s dismal first three quarters, Winters performance in the fourth quarter propelled the Crimson past Yale, 14-10, in a thrilling style at the end of the season’s biggest game...
...light of the investment losses suffered by the nation’s wealthiest universities this past year, schools with large endowments should adopt more conservative investment strategies, Tufts University President Lawrence S. Bacow said in an interview with Bloomberg News last week...
Harvard’s endowment—which funded 38 percent of the University’s operating budget in 2009—fell from $37 billion to $26 billion this past year. Harvard and its peer institutions have been criticized for their investment strategies, which rely heavily on hedge funds, private equity firms, and illiquid assets...