Word: manageed
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For centuries, Europeans believed that all swans were white - until black swans were discovered in Australia. A possibly minor moment in ornithology, but one that for Nassim Nicholas Taleb, a former trader turned philosopher, perfectly illustrates how poorly our past experience of the world can prepare us for sudden, unexpected...
But synchronizing swimming styles is easier said than done. Despite being the global cheerleader for a united response to the crisis, French President Nicolas Sarkozy on Friday announced that France would be creating its own national sovereign fund to buy stocks in troubled private companies. On Tuesday, Germany had rejected...
Some argue Bretton Woods and the International Monetary Fund (IMF) and World Bank it created should have undergone revamping even before the crisis broke. Initially tasked with overseeing currency exchange rates and providing funds and advice to nations suffering trade deficits, the IMF has watched its field of action wane...
At ByDesign Financial Solutions, a debt-counseling service in Modesto, Calif., they're working overtime these days. "Our call volume went up 97% in the past five weeks, which has left us scrambling," says Martha Lucey, president of the nonprofit agency. "[The callers] are close to the max on their...
Less than two minutes into the second frame, BC managed to cushion its lead. Eagles forward Kate Gillis had the ball outside of the circle and sent a through ball to teammate Kathleen Murphy. Uncontested, Murphy sprinted to her left and backhanded a shot between Stone’s legs...