Word: unitization
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Dodging the credit crunch has burnished its image, too. According to the MDRC survey, lenders hit hardest by the subprime snafu suffered sharp drops in client-satisfaction scores at their private-banking or wealth-management units. The worry, says Williams, was that "these pristine organizations were shown to be pretty sloppily run." Take UBS, the world's largest asset manager. Exposure to the U.S. mortgage market at its investment-banking unit has triggered $37 billion in write-downs over the last few months. Spooked by these signs of slack judgment, some private-banking clients have yanked their cash; shareholders have...
After another internship at JP Morgan’s private bank unit the following summer, Anguas said he made up his mind to pursue...
...wanting to follow an Osama bin Laden: dictatorships in Middle Eastern countries oppress their people, extreme poverty and lack of access to health and education, people who feel like they?re being oppressed by their own countries. Michael F. Scheuer, who?s the former head of the Bin Laden unit of the CIA, said something very smart and eloquent, which was, what these people realize is rather than going after their own countries, they have to go to the champion and protector of these countries and that was the United States, so you start to see the pattern develop...
...heart of the Victorian household; Wilkie Collins' The Moonstone, the first English detective novel, is based on it. The task of solving the crime fell to one Jonathan Whicher, the son of a gardener and one of the original eight London policemen selected to join a new, lite unit of detectives headquartered at Scotland Yard. Kate Summerscale's THE SUSPICIONS OF MR. WHICHER (Walker; 360 pages) is not just a dark, vicious true-crime story; it is the story of the birth of forensic science, founded on the new and disturbing idea that innocent, insignificant domestic details can reveal...
...Sciences. In 2007, Harvard showed its commitment to engineering by establishing its own School of Engineering and Applied Sciences, and the University has already announced plans to add a third concentration for engineering students in the new school. “The reasons why Harvard elevated this odd unit which was called a Division of Engineering and Applied Sciences to a School of Engineering and Applied Sciences were to raise its visibility and stature at a time when it’s going through pretty significant growth,” said computer science professor Harry R. Lewis...