Word: rates
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...things start to get interesting: A lower price translates into a high potential return for an investor. When the loans were made, an investor who bought them at "par," or the dollar value of the loan, could expect a return of around 7%. That's a more than acceptable rate of return if you believe you will get paid back. But now that defaults are rising on home loans, investors are demanding higher returns to compensate them for the risk that a mortgage will end up delinquent or in foreclosure. A price of $0.26 implies that investor are looking...
...money managers” were in a “cash-raising panic” after billions of dollars in derivatives investments went sour—forcing the University to post collateral it did not have. The dire situation, the article said, forced Harvard to pay unfavorably high interest rates to raise the necessary funds.But other finance experts said the issuances were less the result of poor decision making in the past and more a reflection of the unpredictably volatile market in which it issued its debt. David Scudder, a former vice president at Harvard Management Company who now serves...
...Lawrence H. Summers, Mack detailed her concerns regarding what she deemed HMC’s “frightening” usage of derivatives and statistical modeling techniques, as well as the Company’s lack of a timely and portfolio-wide risk management system, high employee turnover rate, and low level of productivity in the workplace, specifically among managers...
...that was before the bottom fell out from nearly every asset class. While some of the instruments, such as credit default swaps, may have hedged against the downturn, other derivative holdings have cost the University dearly. Harvard’s investments in interest-rate swaps, one class of derivative that may be used by both HMC and the University budget office to hedge against interests rate changes on variable-rate debt, would have cost $571 million to terminate as of Oct. 2008, according to a credit rating report from financial rating company Standard and Poor?...
...controversial episodes in modern India's history: Indira Gandhi's Emergency Rule from 1975-1977, when she - with Sanjay as her chief advisor - ran the country on authoritarian lines, ruling by decree. One of those edicts led to forced sterilization to deal with India's then huge population growth rate. Varun Gandhi allegedly referred to it in his virulent rallies in the first week of March by saying that the BJP "need to pick them [Muslims] up, one by one, and sterilize them...