Word: timothye
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But a number of risks remain for the nation's largest banks, any one of which could derail the recent rally. Not only will banks' earnings probably be down in the first quarter, Treasury Secretary Timothy Geithner's plan to rid the banks of their troubled loans suggests there could...
Two Harvard students were among only ten budding scientists nationwide this year to earn a much-coveted graduate fellowship granted by the Hertz Foundation. Each of the ten students was awarded $250,000, “no strings attached,” to pursue graduate studies in engineering and the...
Yet somehow, out of a routine piece of choreography - two world leaders standing at adjoining lecterns - Obama conjured a sense of optimism about what the G-20 might achieve, and more broadly about America's changed view of its international role. He had come, he told an audience that included...
A few weeks after Treasury Secretary Timothy Geithner tapped Wall Street financier Steven Rattner to try and save the U.S. auto industry, Rattner sat down for coffee at a nondescript café in Washington with the man he wanted to be his deputy, Ron Bloom. Both men had spent much...
Although the hedge-fund industry has long relished the light touch of lawmakers and financial regulators, a new era is dawning for largely unregulated financial institutions, and rightly so. The huge systemic risks associated with hedge funds and other unregulated firms in the financial system have a ruinous potential in...