Word: incorrectly
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...ugly or men. Nor is Achmed the only one of Dunham's workmates exploring the outer edges of taste. In the regular rotation are Hispanic José Jalapeño, grumpy old Walter, black "manager" Sweet Daddy Dee, redneck Bubba J, and Peanut, the bad kid. All of them are politically incorrect, gratuitously insulting and ill tempered...
...study strongly dispute its claims. The NEJM letter states that, for instance, Canadian firm Sun Life Financial, which offers life, health and disability insurance, holds just over $1 billion in tobacco investments. In an e-mail to TIME, however, Sun Life spokesman Michel Leduc called this number "categorically incorrect." Although he would not disclose specific holdings, Leduc said that of the company's $100 billion investment portfolio, less than 0.005% was exposure to tobacco stocks. "Sun Life's investments in renewable-energy projects are over $1.2 billion. We also invested about $1 billion in the last three years to help...
...MassMutual, the gap is even bigger. The study claims the firm's tobacco holdings to be $585 million. That is "absolutely incorrect," says Mark Cybulski, a MassMutual spokesman. "Massachusetts Mutual Life Insurance Company has virtually no equity holdings in companies whose offerings include tobacco-related products. As of December 31, 2008, MassMutual's holdings of tobacco-related equities are approximately $548,000, representing less than 0.001% of consolidated statutory cash and invested assets of $86.2 billion...
...mathematicians to Wall Street has diluted the level of understanding of the formulas and algorithms processed by their high-powered computers, says economics professor David I. Laibson ’88. In certain cases, some economists say, their lack of economic intuition may have caused them to make incorrect assumptions that biased the models.One of the quantitative modeling concepts that has come under heaviest fire is Value at Risk, which, unlike Black-Scholes, was born of the demands of the trading floor.VaR projects the maximum loss a company will suffer in a given day assuming typical market conditions, such...
...larger course in the Core, and make completely inane, off topic comments throughout the sections without ever being told that the comments were “wrong.†Perhaps TF’s consider it rude or insulting to tell students that their arguments or insights are incorrect, but this does the students a grave disservice. Rather than learning from mistakes, students do not even know when a mistake has been made in many cases, and so discussion sections become essentially useless as the good arguments are often not separated from...