Word: proportionately
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Although the hedge-fund industry has long relished the light touch of lawmakers and financial regulators, a new era is dawning for largely unregulated financial institutions, and rightly so. The huge systemic risks associated with hedge funds and other unregulated firms in the financial system have a ruinous potential in...
The risk is not in any one business but in the connections among them and in the industries in which they compete. As AIG has pointed out in its own analysis, "The extent and interconnectedness of AIG's business is far-reaching and encompasses customers across the globe ranging from...
So here’s a proposal for dining hall restrictions whose effectiveness is belied by its simplicity: There should be no restrictions of any kind. Any upperclass student should be allowed to eat in any dining hall at any time. Resources for food and staff should be allocated by...
Despite economic turmoil, the Cambridge Public School Committee announced a proposed 2.19 percent increase in the budget last night for the 2009-2010 school year, though the school system will still have to cut over $2 million in expenditures to balance the higher budget. Committee and Schools officials repeatedly said...
For the movie debut of its first boy-band sensation, Disney has followed the Beatles template. JB 3D is basically A Hard Day's Night, but with the proportion of onstage to backstage material reversed: more of the former, less of the latter. It's constructed as a day in...