Word: term
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Securities-lending is supposed to be a sort of Christmas club of high finance. Companies like insurers, which own tons of equities and Treasury bonds that they are holding long term, lend them out short term, often overnight, to borrowers who need the shares to fulfill other commitments. For instance, if hedge funds want to sell shares short, they borrow them, putting up cash collateral that includes a small spread to the lender. Typically, the owner of the shares takes that collateral and invests it in something with low risk and of short duration, like commercial paper. The lender...
...planning to put another several hundred billion dollars into buying up debt to help bring down interest rates. Nearly $300 billion of that will go to buying longer term Treasuries. If that causes interest rates to fall, it will help people who borrow money in the future, but may not do very much for Citi's clients who borrowed money over the last two years. Many of those clients are tapped out, and the big bank faces hundreds of millions, possibly billions, of dollars in write-down of consumer loans. That does not take into account the amounts that will...
...added that installing transmitters, wireless boosters, and fire-optic cables would also improve cellphone reception, supplementing more short-term, inexpensive options that the University is exploring...
...long term, with House renovations on the horizon, overcrowding could be more thoroughly addressed by expanding the most conveniently located dining halls. Adams House master Sean Palfrey, for example, has long campaigned for the administration to add a second floor to his dining hall. If he ever gets his wish, then dining hall lifeguards will become a thing of the past...
...primarily used by Southern senators seeking to block civil-rights legislation. Filibusters were not a factor in enacting the legislative agendas of presidents from Roosevelt through Bush Sr. The filibuster has only entered into wide usage in the last 15 years, beginning in Bill Clinton’s first term, when Republicans filibustered 32 times during the 103rd Congress. That number has grown steadily since, thanks to both Republicans and Democrats. The latest Congress filibustered 112 times, 51 of which were successful. The institutionalization of the filibuster is perhaps the premier bipartisan accomplishment of the last two decades, even...