Word: trading
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Dates: during 1990-1999
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...April 1, President Bill Clinton nominated Lawrence--who is Williams Professor of International Trade and Investment--to the three-person council, which advises Clinton on economic policy. Lawrence replaces another Kennedy School professor, Harpel Professor of Capital Formation and Economic Growth Jeffrey A. Frankel, on the council...
According to Frankel, his successor has been developing proposals to assist workers who have lost their jobs because of trade policies...
...Frankel said that while the council may not focus on trade policy next year, Lawrence's skills will serve him well no matter what issues are raised...
...Harvard, Lawrence's research focused on international economics and trade policy, particularly in the Middle East...
There are about 100 day-trading firms in the U.S. Clients open accounts with minimums of about $50,000 and are allowed to use fully equipped trading posts, which include a telephone; monitors displaying the bid-and-asked-prices of stocks and other data; financial and general news wires; and a direct link to markets where a trader can make dozens or even hundreds of trades in a day. The same tools are generally available at home or in the office via the Internet, though they are less easily managed and access is slower. The day-trading firms make money...