Word: terms
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...have very different definitions of what is proprietary trading. Goldman and others are defining proprietary trading as the day-to-day money these firms risk in the markets, buying and selling stocks and bonds. Volcker seems to want to limit not just this trading but also the big long-term bets banks make on real estate, mortgages and other securities...
When I realized that I would have almost three weeks in Florida over J-Term, I decided that it was time to give it another try (the weather also happened to be unseasonably cold, so there wasn’t really much else to do). My first game of nine holes was interesting, to say the least. While the sporadic golf lessons of my youth served me well, the game was not exactly a success. Randomly I would make a great shot, which would cause my mother to emit a siren-like sound—“Whoowhoo...
...tree and the ball would probably end up on the fairway. Of course, that was when my aim suddenly became accurate; I had to take four swings, and hit four trees, before I managed to make it out of the woods. Yet by the end of J-Term, after putting in a lot of hard work, I did successfully manage to play a few full rounds of 18 holes without embarrassing myself...
...whirlwind of red-brick buildings, late nights and early mornings at Lamont, and first impressions of my classmates, explored all while navigating through new extracurriculars and peculiar social scenes. My fall experience was confined to the so-called “Harvard Bubble,” so J-Term in Nicaragua and Honduras provided the much-needed break from my hectic and overly-complicated college life to recharge and reassess who I am and where I am going...
When I first left for college, I bade farewell to the West Coast knowing I could always go back. Over J-Term, I left with a much more permanent sense of departure, but also a curiosity for what’s next. After all, I’m going from a place that’s hella awesome to one I hope will be just as wicked cool...