Word: scareder
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David B. Arnold ’71, whose latest photo exhibit is designed to serve as an eye opener to the serious effects of global warming on some of the world’s most remote mountains and glaciers, spoke last night to a small group of students about his...
Perhaps the most important part of any analysis of Citi's future is that it is not out of the "toxic paper" woods, as much as Mr. Vikram Pandit, the company's CEO would have people think. According to Bloomberg, the IMF predicts that losses from U.S. loans and securitized...
Further complicating the challenge, the uproar over AIG has scared potential private investors from any involvement in a government-run program. "AIG makes everything worse," says the senior administration official. Private investors fear that an angry Congress might place restrictions on pay packages for anyone who participates, Treasury, Federal Reserve...
The last long rally the market had ran from March of 2003, when the DJIA was 7,740 to almost 14,100 in October 2007. An investor in an index fund doubled his money and did even better if dividends were factored in. No one calls the long leg up...
The laughter, of course, did not fit the occasion, the latest in a seemingly endless stream of public events at which Washington's political leaders work themselves into high dudgeon over the sins of financial wizards who, we are told over and over again, have messed up the world for...