Word: managerized
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Chances are you can't name a single central banker from the 1920s, but in their day, they were quite the celebrities, even giving false names when traveling by ocean liner in order to dodge the press. These were the men who - in the wake of WW I and the...
Every year hedge funds do have to liquidate part of their profits in order to pay their managers, traders and other support staff. Fund managers typically keep 20% of (unrealized) trading profits. But first they must realize that 20% by selling the liquid assets. If a fund is overestimating the...
By the time Opportunity arrives, Spirit may be gone. The caprice of the Martian winds has done a better job of clearing Opportunity's solar panels than Spirit's, and project manager John Callas says that although both rovers survived the past Martian winter, in Spirit's case, it was...
One emergency manager, who asked not to be named, says people on the civilian side worry about how to separate FEMA from the Department of Homeland Security, how to keep it professional and not "a weak sister of the military." At the same time, most civilian emergency managers recognize the...
"From Andrew on, I've believed there is a civilian mission for the military," the emergency manager says. "We needed what they uniquely could provide in Andrew, and it was needed again in Katrina...On the personal side, I have fears that urban-warfare-trained commando units could do the...