Word: processions
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...heaven's sake, don't put your faith in Wall Street. Never, ever. Left to its own devices, the Street will go to excess, as we've seen from two bubbles (tech stocks and houses) that have burst within the past decade and two more that are in the process of popping: commercial real estate and leveraged buyouts. Even though there are plenty of decent people on Wall Street, the Street's primary interest is its own well-being, not yours. Don't forget that. You'd better take care of yourself, because there's no one else...
...actual increase in endowment spending has yet to be determined, according to Shore, as the University is in the process of formulating a new policy to address spending from underwater funds. But Shore said he expected the new income to be less than the $50 million figure. Excessive spending from a specific endowment fund, especially one that has already fallen below its original value, can erode at its long-term value—a crucial consideration for financial planners at the University, since most endowments are meant to last in perpetuity...
...care, financial reform and climate change is creating for the business community. Cantor admits the group has yet to come up with any solutions, but they are meeting over the next few months to hear from experts and to hammer out concrete proposals. The method is similar to the process Pelosi went through in crafting her highly successful Six for '06 campaign that helped the Democrats retake control of the House, involving six core Democratic issues that she pledged to push legislation on if elected. Cantor's scheme also shares some DNA with the 1994 Contract with America that helped...
...government of Prime Minister Benjamin Netanyahu. And many leaders of Abbas' own Fatah movement are now privately talking about going back to the barricades. A split has emerged between Abbas and a younger generation of Fatah commanders who have lost patience with his faith in a U.S.-led peace process that has left them no closer to statehood than they were a decade ago. There are daily confrontations between the old guard and the new guard, says Hassan Bakir, chairman of the Palestinian Center for Research and Documentation in Beirut. They are tired of listening to Abbas, who hasn...
...Rather than restore Palestinian faith in the peace process, the Obama Administration's efforts may have only fueled the backlash. Any optimism over renewed peace efforts that had been generated by President Obama's Cairo speech quickly dissipated as Washington failed to win Israeli compliance with its demand for a settlement freeze. And the Administration put Abbas in an untenable position earlier this month by leaning on him to revoke Palestinian support for the U.N. discussing the Goldstone Report, which accused Israel and Hamas of committing war crimes during last winter's fighting in Gaza. So intense was the outcry...