Word: thrift
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...planned for - federal officials and market participants don't seem to have really focused on AIG's problems until this week. While the company's insurance subsidiaries are regulated by New York insurance superintendent Eric Dinallo, it is overseen at the holding company level by the federal Office of Thrift Supervision, which mostly regulates the savings and loan industry. Plus, it was awfully hard for outsiders - and even insiders - to understand the gravity of the company's problems. "You can read through every financial statement in the world and have absolutely no clue as to the risks they are taking...
...also yet another episode in a now year-old financial crisis that shows no signs of abating. Paulson's announcement briefly rallied stock markets around the world. But jittery investors kept running for the exits at Seattle-based thrift Washington Mutual and the investment bank Lehman Bros.--although Lehman's earnings announcement on Sept. 10 sent the stock up slightly, despite the revelation of a $3.9 billion quarterly loss...
...hype? While Pearl Jam, Nirvana and their colleagues have a real message to deliver, most of this was overlooked during the past two years by trend watchers who were more interested in the way they dressed and the Seattle scene they came from. Style mavens fixed upon the thrift-shop wardrobe of flannel shirts and torn corduroy jackets, dubbing it the grunge look. For a fashion shoot, Vanity Fair dressed Manhattan socialites and celebrities in flannel and denim. All this exploitation made the term grunge deeply unfashionable among American youth, but bands like Pearl Jam have shaken off the label...
...world's top 50 universities by 2015, the University of Warwick - ranked 57th, according to the U.K. Times Higher Education Supplement list, as it approaches its 50th birthday - plans to permanently host branches of three or four overseas research universities on its site in the heart of England. Nigel Thrift, Warwick's vice-chancellor, won't say which universities it has in its sights; negotiations with North American and Asian institutions are ongoing. But its "International Quarter," he says, will pursue "proper, long-lasting collaborations with three or four institutions around the world, rather than...
Crucial in fleshing out Warwick's goals was input from its Council, the university's executive body, drawn largely from professions outside academia. Lay members, many working in business and industry, "add an enormous amount to the institution," says Thrift. Indeed, many U.S. and U.K. universities pack their governing bodies with external members; the LSE, for instance, "is, technically speaking, a company," says Howard Davies, its director. "The university has always had something like a corporate board...