Word: stake
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...firms that will be directly helped by the bailout is Goldman Sachs. Paulson, the man who is leading the bailout, is a former Goldman Sachs CEO, and mega-investor Warren Buffet, who called the bailout "the right thing" for Congress to do, had just bought a huge stake in Goldman Sachs. These are clear signs that the big money-men are likely to turn the bailout to their own profit. Banks and firms that bet on paper securities not backed by real assets should be left to die on their own swords. Sivaswamy Mohanakrishnan, Auckland...
...differences with contemporary Christian teaching: "Centuries ago the stars were sacred. A man could be burnt at the stake for declaring that the earth revolved around the sun...Now the Christian world holds the stars to be secular...Is it not possible for us to do with gender, sexuality and reproduction what was long ago done with the stars? To realize that...new sources of information on them may be as valid as the information given us long...
...invested $1 million in Andrew Weiss' hedge fund when he opened it in 1991, your stake would now be worth $14 million. But it's not just these stellar returns that have made Weiss one of the best investors of our era. He's also shown a gift for dodging financial bullets - a handy trait at a time when so many once-swaggering investors are bleeding. The flagship fund at his Boston-based company, Weiss Asset Management, hasn't suffered a single losing year in 17 years. Even amid the carnage of 2008, he has eked out a small profit...
...gift would hopefully put a stake in the ground,” Flier said, adding that the Medical School is also ready to contribute financially to the institute. “But coming as it is with certain, specific intentions of the donor, it does not fully do what I believe the University will want to do in the broad area of bioengineering...
...failed to bolster the confidence of investors and depositors. "Europe must prepare to put in place a collective line of defense," Dominique Strauss-Kahn, director-general of the International Monetary Fund, said in a speech in Paris on Monday. "The stability of the world economy is at stake...