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...primary problem for Greece now is whether or not the country will be able to generate enough capital to pay back their short-term debt, said Jeffrey A. Miron, a senior lecturer in economics...

Author: By Nitish Lakhanpal, CONTRIBUTING WRITER | Title: Bailout of Greece is Likely, Professors Say | 4/30/2010 | See Source »

According to the e-mails, Harvard entered the $500 million credit default swap—essentially an insurance policy that would pay off in the case of mortgage defaults—with Goldman paying about 100 basis points, or $5 million, per year for protection against defaults...

Author: By Elias J. Groll and William N. White, CRIMSON STAFF WRITERS | Title: Harvard Suffered Losses on Real Estate Trades with Goldman Sachs | 4/27/2010 | See Source »

...firm’s mortgage division, wrote to a group of traders in reference to deals—including the one with Harvard—that would lock in profits from shorting the housing market. "I know that sounds huge, but you can do it—spend bid/offer, pay through the market, whatever to get it done...

Author: By Elias J. Groll and William N. White, CRIMSON STAFF WRITERS | Title: Harvard Suffered Losses on Real Estate Trades with Goldman Sachs | 4/27/2010 | See Source »

...such as deception detection is the equivalent of Jason Bourne doing trick shots in the circus; he gets practice, and the circus gets customers. Financial firms get to use tested intelligence skills to make better market decisions, and the Agency gets employees that are better practiced, without having to pay...

Author: By William V. Bergstrom | Title: Agency Under Fire | 4/26/2010 | See Source »

Second incomes are also good for the agents, because they yield a lot of money, and officers’ monetary satisfaction is vital to the CIA. Many CIA officials already fear they will lose their most talented employees to the private sector because of better pay and reduced stress...

Author: By William V. Bergstrom | Title: Agency Under Fire | 4/26/2010 | See Source »

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