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Still, it's clear that Morgan has taken a different road out of the financial crisis than its closest rival, Goldman Sachs. In the past year, Goldman has dramatically ramped up its trading desk. That move has led to big profits in the past year but the firm has also opened itself up to bigger losses should its traders get things wrong. Based on its trading activity now, Goldman says it could lose as much as $250 million in a day should its bets go wrong, up 30% from a year ago. What's more, even though Goldman has become...
...Crimson has kicked off its 2009 season with a spotless 5-0-0 record and is looking to continue the pattern in this week’s two matches. Harvard is taking on New Hampshire (2-3-1) at 4 p.m. this afternoon in the second of four straight road games. Saturday will be a battle between top ten teams as the Crimson challenge No. 3 Wake Forest (3-1-1) in Winston-Salem, N.C., at 7 p.m.Harvard has earned its national ranking with a perfect non-conference record so far this year. Most recently, the team defeated Fairfield last...
...husband and predecessor, former President Néstor Kirchner. Adrián Ventura, a columnist for the Buenos Aires daily La Nación, wrote last week that Fernandez "has started to unveil a true systematic policy of violation of freedom of expression. We are on the same road" as Venezuela...
...broader factional divide in the Party that pits supporters of Hu and Premier Wen Jiabao against the so-called Princelings, children of Party elders and an allied group dubbed the Shanghai Gang, which coalesced around Hu's predecessor Jiang Zemin. (Read "China's 60th Birthday: The Road to Prosperity...
...Next month is the 60th anniversary of the founding of the People's Republic of China, and then in November you are coming to Beijing. So I thought it best to keep things on an even keel and let this tire thing go. (Read "China's 60th Birthday: The Road to Prosperity...