Word: tiedness
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AIG, like other institutions, was making a mint dealing in derivatives tied to the U.S. real estate market. The boom was financed in part by collateralized debt obligations (CDOs), securities based on subprime mortgages that have come to define toxic asset. Companies that held CDOs could offset their risk by...
It was meant to be a heat that didn’t count for anything. Nearing the end of a senior season that saw his pool-time cut drastically by a chronic injury, swimmer Dan Jones hit the water for a non-scoring run of his signature event, the 100...
Gold, then, can be considered a currency, unique in that it is not directly tied to any country's economy. With a global recession that is bound to continue to shake up the purchasing power of all foreign currencies, gold is safer from political and economic instability than cash.
Albright had the highest fielding percentage of any Crimson player (with a minimum of 20 appearances), and he and O’Neill tied for the fewest errors on the squad. O’Hara was moved all around the infield, but was able to provide solid defense wherever he...
To kick off the campaign, the men’s squad faced Duke in what seemed to be a glaring mismatch. The Crimson beat all expectations, though, when the team came out victorious in a 9-6 contest that saw the beginnings of Cohen’s brilliance. Harvard was...