Word: stephen
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...They must either sell $9.7 trillion in assets or raise $485 billion in capital to bring leverage down to 20. The Royal Bank of Scotland (estimated leverage: 39.3) has already started slimming down. It recently put its retail and commercial businesses in Asia on the block. New CEO Stephen Hester has announced plans to create a subsidiary that will hold about $477 billion of the bank's assets that are earmarked for disposal...
...that a $24 billion endowment can support is not easy. Most give Faust credit for coping with the unprecedented fiscal challenges thus far. Most praise her transparency and relatively frequent updates on University budget planning—“People are grateful for the information,” Stephen R. Quazzo ’82 says. And most cite her mild-mannered charm and ability to put everyone around her at ease as the key strengths she brings to the presidency.But when asked to describe Faust’s long-term vision for the University, few alumni mention...
...number four on the New York Times Best-Seller List. The book was eventually made into a PBS miniseries, narrated by Greene. Now a tenured professor at Columbia University, Greene has taught applications of quantum mechanics to a spectrum of students ranging from budding Harvard physicists to comedian Stephen Colbert.CHILD’S PLAYGreene’s enthusiasm for mathematics began early. The physicist said that by the seventh grade, he had “maxed out” on the coursework his school had to offer. Greene’s teacher sent him knocking on doors at Columbia...
...arrested at an anti-war protest. He has been called a Marxist and a radical. But in 1968 Stephen A. Marglin ’59 was one of the youngest professors to ever be granted tenure. Today, he is the last of a dying breed—the radical Harvard economics professor.On the Harvard campus and within the economics faculty, Marglin emerged as a prominent leftist economist with the publishing of his seminal critique of neoclassical economics, “What Do Bosses Do?”, and by pushing for an alternative to Social Analysis...
...With reporting by Stephen Kim / Seoul...