Word: roberte
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These days, measures of volatility are off the charts, including the one Robert Engle, a Nobel Prize-winning professor of finance at New York University, keeps tabs on. According to his calculations, which are based on past stock movements, the S&P 500 has a pretty decent chance a year from now of being worth either four times what it is today - or a quarter as much. That absurdly broad range, which falls in line with other volatility barometers, is indicative of how haywire stocks have been acting. "You saw that kind of volatility in the Brazilian and Argentinean markets...
Turmoil on Wall Street and Main Street has forced the two struggling auto titans to consider the kind of merger that might have been unthinkable only a year ago. In an email monday to Chrysler employees, the company's CEO Robert Nardelli confirmed that Chrysler was holding discussions with potential partners, including GM. "I can tell you that we have approached and have been approached by third parties who are interested in exploring future possibilities with Chrysler," said Nardelli...
...little danger of going the way of the extinct banks, industry analysts and officials say. And policy holders are in no danger of being unable to insure their lives, homes, and property. "We don't have a liquidity crisis, we aren't experiencing a credit crisis," says Robert Hartwig, president of industry trade group The Insurance Information Institute. "We have the cash to pay claims...
About 20 minutes into director Robert Weide’s new film, Kirsten Dunst asks Simon Pegg, after he steals her boyfriend’s seat at a crowded bar, “Do you know the meaning of karma?” He clearly does not, but after nearly two hours of such inane dialogue, any limited notion of karma should, at the very least, earn me a free lunch in the next life. “How to Lose Friends & Alienate People,” the movie adaptation of Toby Young’s memoir, stars Simon Pegg...
...seen many of the best and worst films of the last two decades, I have little to no knowledge of B-movies or older exploitation films. To be honest, I hadn’t even heard the word “grindhouse” until Robert Rodriguez and Quentin Tarantino’s spoof of the genre—which I also never saw—came out in 2007. So when I found out that the Brattle Theatre was showing a series called “Return to the Grindhouse,” I was intrigued, not only because...