Word: deal
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...greater level of stability and transparency to derivatives trading. But this industry has become more fragmented than originally envisioned, and some argue that competition among clearinghouses has led to a “race to the bottom” whereby the clearinghouses require insufficient collateral from the SWIFTs they deal with. The Houston Power House is said to have large, uncollateralized exposures with Magna-SWIFT, and observers estimate it could lose $8 billion from these exposures alone. Power House Chief Executive Officer Fabrice Tourre was unavailable for comment...
...clubs are still negotiating the specifics of the lease, conversations which Powers said may last through the week. But he added that the fundamental aspects of the transaction are “a done deal...
...have to deal with a lot of constituencies in ways that are considerate of and responsive to their interests,” Michelman said...
...bookstores often because they feel like there’s always someone to talk to...like a bartender,” Petrovato says. “In Cambridge, people are really nice—they know what they’re looking for, they’re pleasant to deal with...
...students have announced their intention to defer admission for a year, and Harvard counts these students as not enrolling for the purposes of calculating its yield. Fitzsimmons predicted that the number of students who choose to take a year off “will get up a good deal higher” before the fall; in an average year, 30 to 50 admitted freshmen choose to defer matriculation...