Word: prudent
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...spite of the strong position of the banks, a powerful credit crunch is inevitable. “This is going to be worse than 2008,” said Nouriel Roubini of NYU. “Sure, the banks look healthy now. They have been well-regulated and very prudent. But somebody is going to have to buy up trillions of dollars of these liquidated wind-farm assets. The huge discounts will make it impossible for the big banks to say no to this bargain. And when they do, they will have much less left over for their traditional lending...
...what changed? Over the past 18 months, we have made prudent, structural adjustments to position FAS for a future of long-term, sustainable excellence. From enhancing academic planning to reconfiguring the functions that support our students and faculty, FAS has become a place driven by its academic priorities...
...When you look at the times when the endowment was doing well, we were extremely prudent,” says Linda Fates, associate dean for the SEAS office of resource development. “Otherwise, today we would be in trouble...
...easy fourth class the night before Study Card Day. Beginning next spring term, undergraduates will be required to pre-register for courses using a new online course-planning tool, as Dean of Undergraduate Education Jay M. Harris announced at a faculty meeting last week. It is prudent for the College to establish this system, as pre-registration is a painless way for the University to save money in a time when budgetary needs are of special concern...
America should keep these considerations in mind as it moves forward in its relationship with Israel and the other nations of the Middle East. But it also needs to remember a more abstract set of important principles. In general, it is prudent not to consider alliances permanent, but instead to reassess them regularly. While the U.S. is a far greater presence on the world stage than our founders envisioned, there is still wisdom in George Washington’s admonition to “steer clear of permanent alliances with any portion of the foreign world...