Word: felling
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...mobilize yuan assets to acquire and grow overseas businesses. Recent purchases by Chinese financial institutions have not turned out well. Insurer Ping An, which paid $3.5 billion for around 5% of Fortis, a European financial group, has decided to write off most of that investment after Fortis' share price fell 78% in the fourth quarter...
...Class Day festivities. Both Dimon and student speaker Thomas C. Rajan struck melancholy tones in their remarks, emphasizing the need for greater reflection and responsibility among business executives in the current economic climate. The event was held on Baker Lawn in the afternoon, and light rain periodically fell as students and their families gathered to honor HBS professors, present the class gift, and celebrate the conclusion of their studies. Following brief remarks by Dean Jay O. Light, student Deirdre-Ann L. Perry introduced the concept of Class Day, saying it was “designed by the students...
...would cripple Harvard’s endowment, which the University projects will lose a third of its value by June 30—the plans for J-Term programming were overshadowed by the College’s financial concerns. “It was one of those decisions that fell down between the cracks,” Associate Dean of Student Life and Activities Judith H. Kidd says.The administration began to approach planning for January 2009 in an entirely different light.“The train was stopped and put on a different track,” says Assistant Dean...
...bricks and coursepacks but rather something that is only tangible in the shared experiences. The Asian tourists posing for pictures in front of your entryway door or snapping pictures of your flabby pale self running Primal Scream, the professor who is interviewed on TV as an expert although you fell asleep in half his lectures, or the President of Mongolia’s security detail pushes you aside in the yard so the President’s unwashed hand can touch John’s unwashed bronze shoe. From the shared experiences like these, we have the moments when...
...unions, management, civic leaders and just about everyone else in Michigan mismanage the postwar years? Of course. But the real point about Detroit is not that it fell so far, but that it once rose so high. Its economic success during World War II and the immediate aftermath was a freak of geopolitics. With most of the rest of the world (including some regions that were as technologically advanced as Michigan) consumed by war, only the U.S. and Canada were able to develop the high-tech industries of scale that were needed to fight the Axis powers. So successful were...