Word: todays
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Dates: during 2000-2009
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...attempt to do too much at once. Consider the case of Citigroup, the product of Citibank’s historic 1998 merger with Travelers, an insurance company. The one-time “financial supermarket” was exposed as a bloated, mismanaged basket case by the financial crisis. Today, Citigroup is selling many of its investment and insurance divisions in an effort to reach a more manageable size and return to profitability...
...argued that institutions deemed “too big to fail” operate under an implicit subsidy from the government, since they would likely be rescued in a future financial emergency. This allows these banks to borrow more cheaply than their competitors and gain even greater market share. Today, four conglomerate banks (JPMorgan, Citigroup, Wells Fargo, and Bank of America) hold 39 percent of all domestic deposits. Placing this many eggs in four baskets will harm the entire economy should one mega-bank falter in a future downturn...
...oldest existing Harvard Club was founded in Chicago as a social club where Harvard alumni could get together and retain their ties to the hallowed halls of their alma mater. Today, they exist for much the same purpose...
...guess the wheels of Harvard's bureaucracy turn faster than we all thought. The much anticipated Ethnic Studies secondary field was just approved by the college’s Educational Policy Committee earlier today...
...Today, The Crimson's print edition features two front-page stories on the drama: one chronicling the events of the evening, and the other exploring the e-mail signed but disavowed by UC Vice-President Kia J. McLeod '10. McLeod said in a subsequent e-mail that she had not written that original message, which implied that Eric N. Hysen '11 could have tampered with the election results. But Tamar Holoshitz '10, a former UC official, told The Crimson at 4:30 a.m. that McLeod had in fact sent the e-mail...