Word: princeton
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...negative 5 percent cash reserve as of June 30, indicating that the University was over-leveraged in its investments. A recent Bloomberg analysis of the bond sales noted that Harvard’s debt paid out higher interest rates compared to a similar $1 billion bond issuance by Princeton five weeks later, a difference it attributed to Harvard’s derivatives “mishaps.”But Princeton controller Kenneth Molinaro said that markets may have improved slightly by January, when his university issued their bonds, and that Harvard’s issuance may have even helped...
During his junior year at Princeton University, Donovan Campbell decided to take the Marine Corps officer training course. Good for the resume, he thought - until he grew to embrace the Corps' ideals of service, honor and sacrifice. Campbell was soon a lieutenant in charge of a platoon thrust into Ramadi, Iraq in 2004, right as that city's insurgency blossomed. Unlike Fallujah, a city full of jihadists with very few civilians, Ramadi was "a much blurrier battle, a classic urban counterinsurgency, a never-ending series of engagements throughout the heart of a teeming city where our faceless enemies blended seamlessly...
...Brendan was competing in his first collegiate regatta and will only improve as he gains more experience.”While Boston College was victorious at this regatta over the weekend, Yale managed to claim the Knapp Trophy as the first finisher among Harvard, Yale, and Princeton and also collected the Mosbacher Trophy as the Ivy League champion.—Staff writer Thomas D. Hutchison can be reached at tdhutch@fas.harvard.edu...
When treasury secretary Tim Geithner rolled out his long-awaited plan for buying up toxic mortgage loans and securities on March 23, reaction was split. Financial markets cheered, with the Dow Jones industrial average rocketing 497 points, or 6.8%, on the day. The chattering classes mostly grumbled, with Princeton economist and New York Times columnist Paul Krugman gloomily leading the way: "It fills me with a sense of despair," he wrote of the plan before it was released but after many details had leaked...
...about the economy and wants a Treasury Secretary he can trust. I know how he feels - things are really tough right now, you know? - but sometimes life isn't that simple. Sure, Paul Krugman looks like the guy every recession-weary gal dreams of, but it takes more than Princeton professor duds and a neatly trimmed beard to fix the economy. Geithner's nice enough, right? There's nothing wrong with him, right? And even though he seems unsure of himself and half the time I have no idea what he's talking about, Obama likes him, which...