Word: saids
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Having travelled across Europe to conduct research on female composers, Cecelia A. H. Porter ’60—a critic for The Washington Post—said that her ability to reap the benefits of art was supported by her family’s encouragement...
...like to think that newness is inevitable,” said Paul A. Buttenwieser ’60, the chairman of the board of trustees of the Institute of Contemporary Art in Boston. “I think it’s almost tautological...
...derivatives trading. But this industry has become more fragmented than originally envisioned, and some argue that competition among clearinghouses has led to a “race to the bottom” whereby the clearinghouses require insufficient collateral from the SWIFTs they deal with. The Houston Power House is said to have large, uncollateralized exposures with Magna-SWIFT, and observers estimate it could lose $8 billion from these exposures alone. Power House Chief Executive Officer Fabrice Tourre was unavailable for comment...
Thus far, consumers and non-energy-related businesses have not felt much of a credit pinch. Yet, analysts warn that, in spite of the strong position of the banks, a powerful credit crunch is inevitable. “This is going to be worse than 2008,” said Nouriel Roubini of NYU. “Sure, the banks look healthy now. They have been well-regulated and very prudent. But somebody is going to have to buy up trillions of dollars of these liquidated wind-farm assets. The huge discounts will make it impossible for the big banks...
...time you get a chance on that last day, you’ve got to feel good about that,” Crimson coach Joe Walsh said. “I wish we could have had more games to see how it would have ended...