Word: shorted
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That means prominent former top executives of financial-services companies may be getting a lot of attention from recruiters in the next few months. John Reed, the former CEO of Citibank, is among the group of individuals who recruiters say should be on any bank's short list. Henry Paulson, the former Treasury Secretary, could be a candidate as well, though some question whether a Paulson appointment would win points with the current Administration...
...basement of University Hall to 2 Arrow St. this year—will move into the Core Program’s office at 77 Dunster St., according to OIP Director Catherine H. Winnie. Financial constraints have prevented the Gen Ed committee from pursuing any money-intensive initiatives in the short term, including a proposed great books track, according to Gen Ed committee members. Kenen said that while the committee had been worried that the committee would not receive enough course proposals, those worries were dispelled by a flood of proposals this spring. “Faculty, like students, wait till...
...news. Why are the stocks showing such strength? We've seen unprecedented liquidity being put to work in the U.S. on behalf of financials, so it was only going to be a matter of time before banks started to rise. Also, many investors have been so focused on the short term - all the recent steps taken by the Federal Reserve and the Treasury - that they have forgotten that the bank assist started in August of 2007 when the Fed cut the discount rate and opened the lending window to a wider list of financial companies. So this has been going...
...Gayoom's supporters point to the influx of foreign cash that flooded into the country after he assumed power. His government opened dozens of the archipelago's islands to international tourism, which now directly contributes to 30% of the Maldives' GDP. In a country short on land, construction became a lucrative business: the cramped capital Malé, where more than a third of the population lives, is a maze of concrete. Rents sometimes match those of world cities such as Hong Kong or New York City, and a bleary-eyed community of foreign laborers hammers away at building sites daily...
...October, short over half the money required to go to press due to a nationwide crunch in advertising, the recently-revived publication faced the possibility of being unable to print its magazine...