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...Citigroup (C) is the most shorted stock in America. As of April 15, the bank had a short interest of 1.237 billion shares. Its trading volume average of the prior two weeks was 532 million shares a day. Citi has an extraordinary 24% of its float sold short, a sign that a huge number of investors are willing to gamble against the share price. Citi's stock is subject to wild swings, in part because the short sellers in the company's shares have been "squeezed" more than once this year - forced to cover when the banks had good news...
...graduates were born when Russia's birth rate hit an all-time low in the early 1990s, and were raised during the disastrous Chechen war. Near the decrepit train station of Vladimir, a military town near Moscow, an army-recruiting center promises a life of adventure for those who sign up. THE ARMY OF RUSSIA - AN ARMY OF PROFESSIONALS, says a billboard, showing a young man in a leather military helmet peering out of a tank scope. Not yet, it isn't. But money always helps...
...beginning to view it. French commandos retook a yacht on April 10, killing two pirates. (One passenger was killed.) Last November, the Indian navy sank a pirate "mother ship" off Yemen. Favoring multilateralism over unilateralism often means favoring talk over action; maybe last week's operation is a sign that Obama is not so easily pigeonholed...
...Harvard Club Soccer team took home the gold at Saturday’s “Kick Out Malaria Cup,” an event aimed at raising money for mosquito nets for villages in Sierra Leone. The event, organized by the team itself, is a sign of the increased freedom sports teams have as they transform from junior varsity to club-level organizations. Last year, Harvard’s JV Soccer Team, plagued with low participation rates and dwindling competition, disintegrated and the Harvard Club Soccer team emerged in its place. “It was really a shame...
...cross-referencing those options with his now-only-digital Q Guide, with an eye toward maximizing his grade point average, he settles on Japan Pop: From Basho to Banana as his first step toward the laudable goal of a liberal education. Over the next four years, he will also sign up for The World in 1776, The Images of Alexander the Great, Revolution and Reaction: The Rise and Fall of the Russian Avant-Garde, Confucian Humanism: Self-Cultivation and Moral Community, and Dinosaurs and Their Relatives. These courses, claim the venerable Harvard College administrators, will liberalize an otherwise parochial course...