Word: resultants
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...least 20 firms that competed in the market. My book is the story of how Wall Street started as a group of small firms, and how those firms maneuvered to survive and prosper, but in the process, most either failed or were swallowed up by others. The net result has been a positive for users of capital markets, which can be accessed more cheaply than ever before. But the success of the market has resulted in a vast accumulation of capital in tradable form that is now capable of wrecking whole economies. In 2000 and 2007, financial bubbles did great...
...aboard Atlas and Titan rockets - both built by commercial companies as missile launchers and later adapted to human flight. The Saturn moon rockets were the first designed and built exclusively for humans, but even those were contracted out. Still, it was NASA minds that drove the designs and the result was what might have been the finest boosters ever built. (Watch a video of the final shuttle to Hubble...
Beach House has truly hit a creative stride and the result is innovative and beautiful music. With its depth and sweep, the soporific melodies explore the internal difficulties of eternal teenage feelings. Such is the triumph of “Teen Dream” that, so early in the year, 2010 may already have seen one of its best albums...
...right now, Harvard is in limbo. Harvard has no identity, and its undergraduates are suffering as a result. What the Harvard administration should learn from these growing pains is that progressing slowly—as they did in the Old Harvard—does have long-term negative effects. The slow shift from the Core Curriculum to the General Education program, the renovations of the Houses and Allston, and the failed implementation of J-term are all evidence of this fact. To improve the undergraduate experience in the future, Harvard must accelerate these sorts of initiatives...
...right now, Harvard is in limbo. Harvard has no identity, and its undergraduates are suffering as a result. What the Harvard administration should learn from these growing pains is that progressing slowly—as they did in the Old Harvard—does have long-term negative effects. The slow shift from the Core Curriculum to the General Education program, the renovations of the Houses and Allston, and the failed implementation of J-term are all evidence of this fact. To improve the undergraduate experience in the future, Harvard must accelerate these sorts of initiatives...