Word: beared
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Another bad week for the markets seemed ready to end with another glum day Friday, with the NASDAQ testing year-old lows again and the Dow giving up 200 points under the weight of tearful earnings reports from Motorola and Sun. The S&P even ushered in an official bear market, hitting 20 percent losses off its highs, but as TIME columnist Dan Kadlec points, we knew that already...
...Then, with less than an hour left in the session, a former Fed governor (now speaking for Bear Stearns) declared that the chances of a between-the-meetings rate cut - next week - from a market-watching Fed were now 60 percent. And in a rush, the traders found their optimism, running up all three indexes back up off Friday's lows...
Just 1:26 later, sophomore winger Kalen Ingram deflected a high shot from the blue line by senior defenseman Jaime Notman into the net to put Harvard ahead 2-0. The Crimson was passing the puck at will in the Brown zone immediately preceding the goal, while the Bear defenders effectively stood and watched...
...impossible. In the 20th century, there were many such struggles in which a weaker group fought for its fundamental human rights and a dominant group violently resisted the assertion of those rights. Pre-partition India, pre-Civil-Rights-Act America and apartheid South Africa are examples that bear resemblance to the case at hand. And in each of these cases, the sympathy of the outside world eventually tipped in favor of the oppressed. But in India, America and South Africa the oppressed group was led by a leader--Mahatma Gandhi, Martin Luther King, Jr. and Nelson Mandela, respectively...
...that the school teaches. In the same way that a broad definition of "business strategy" seems to underlie and enlighten all of our subjects--from financial reporting strategy to operational strategy to marketing strategy to financing strategy--so too should a broad definition of social responsibility be brought to bear on all cases. What else are "outstanding leaders" but people who leave things better off than they found them...