Word: portfolios
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Dates: during 2000-2009
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...president is now a part-time managing director at New York-based D. E. Shaw Group. Summers, who will take on the new position in addition to his current role as the Eliot University professor, will focus his efforts on “various strategic initiatives and high-level portfolio management activities” at the hedge fund, the firm announced yesterday. Summers, a former secretary of the U.S. Treasury, said his new role will not change his status as a Harvard faculty member. “This is entirely within the context of the normal outside activities...
...Shaw Group announced today that Summers "will be involved on a part-time basis in various strategic initiatives and high-level portfolio management activities...
...group, which has no Boston office, maintains a staff of 1,000 employees worldwide and a portfolio of about $25 billion...
...fund can be a roller coaster. Winslow slumped 9.2% in the second quarter, trailing the overall market. Concentrating on just a few dozen stocks has its merits: Robinson gets to know the management teams personally and follows their actions closely. "There isn't a company in our portfolio that we can't call and talk to the CEO," he says. But jump in at the wrong juncture, and you could be in for a downward ride. Then again, no one ever said being green would be easy...
...that's not quite true. There aren't very many people--ebony, ivory or other--who have Obama's distinctive portfolio of talents, or what he calls his "exotic" family history. His parentage was the first thing he chose to tell us about himself when he delivered his knockout keynote speech at the Democratic National Convention in 2004: his father was from Kenya and his mother from Kansas. He told the story in brilliant, painful detail in his first book, Dreams from My Father, which may be the best-written memoir ever produced by an American politician. His parents...