Word: workings
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...percentage of their profits from trading, in effect making them giant hedge funds-in-disguise that pose a stability risk to the market while also performing some banking operations. The Volcker rule, which would ban banks from engaging in proprietary trading, would change technical classifications that are easy to work around, as investment banks could shift risks or sell their deposit-taking businesses with little pain. As Lowenstein notes, a transaction tax such as the one that has been proposed in England could at least raise revenue and begin to change the incentives for financial institutions...
Harvard Caribbean Club President Shellonda M. Anderson ’11, who attended a talk hosted by the Haitian Alliance, said that her visit helped remind Harvard students about the work still to be done in Haiti...
...Dougherty ’10 could not help feeling slightly panicky when he first arrived in Botswana to work in Essex’s lab last spring...
...that I look back, I’m happy that I spent as much time in the lab as I did,” Becerill says. “It showed me that if you put the work into it, you can really accomplish something...
Several Botswanans work in Essex’s lab, which is located next door to the capital city’s main hospital, and Essex is quick to emphasize that his facility is not meant to provide care for area residents, but to conduct research...