Word: reininger
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Roy Smith, a finance professor at New York University and a former Goldman Sachs partner, argues in Paper Fortunes, his new history of Wall Street, that decades of financial innovation that seemed like positive evolutions at the time have turned our markets into scary places. In part, Smith says Wall...
That was a bumpy road even before Massachusetts left Democrats with only 59; months of bipartisan Senate negotiations over health care reform attracted zero Republican votes, as did the financial-reform package that passed the House in December. And White House officials admit they underestimated how ugly Capitol Hill's...
No more regulations, please. That was the message from top executives at four of the nation's largest financial firms on Wednesday, spoken to a commission set up by an act of Congress to investigate the causes of last year's credit crunch. But more than a year after poor...
Despite reining in its ambitious Allston expansion plans, Harvard has continued to push forward with other campus construction and renovation projects, including at the Harvard Art Museum and Arnold Arboretum. Law School administrators decided last year to continue construction of HLS' Northwest Corner Building, in spite of University-wide efforts...
Tehran certainly has the tools to make trouble. The Quds Force, an élite unit of Iran's Revolutionary Guards, was able to stir up sectarian tension in Iraq after the fall of Saddam Hussein by helping arm and finance the Shi'ite militias that first fought against the U.S...