Word: subs
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...risks. On June 22, the day of Blackstone's IPO, the Wall Street outfit Bear Stearns, which has been publicly traded for two decades, announced that it would spend up to $3.2 billion bailing out an internally run hedge fund that was flailing from bad bets in the declining sub-prime mortgage market. The stock dropped more than 4% for the week...
...three concerns of parents who withdrew their children centered on school quality: 32 percent questioned the strength of the academics, 11 percent cited safety and classroom management issues, and 10 percent pointed to sub-par teaching instruction...
...brief time as an attorney at Rogers & Wells before crossing the line into the financial world as a management consultant for Bain & Co., where he worked until 1981. Since then, he has been a part of AMEX, where he rose in the ranks, occupying various directorial positions in the sub-divisions of the giant before taking over as president in 1993. Selected by the Student Class Day Committee of HBS to be “motivational and inspirational, and appealing to graduates and their guests,” Chenault’s name figured on a shortlist of about five...
...undergraduate life fund,” which is a sub-fund of the HCF, went into effect in 2005 and was created by Dean of the College Benedict H. Gross ’71, former Deputy Dean of the College Patricia O’Brien, and FAS Dean for Development Scott A. Abell ’72 (though in an interview Gross denied O’Brien’s participation), according to Abell and several other sources who requested anonymity to preserve ongoing relationships with current administrators. Also known as the Dean’s Discretionary Fund for Undergraduate...
...Crimson’s survey. Only the biology concentration—which is in the process of being disbanded—scored lower, with an average rating of 3.02. (This fall, sophomores will not have the option of majoring in biology, but instead will choose among several sub-disciplines, including chemical and physical biology, molecular and cellular biology, neurobiology, and organismic and evolutionary biology...