Word: sectored
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Grogan has a long history of work in the public sector. He previously served as president and CEO of the Local Initiatives Support Corporation, a nationwide, non-profit focused on community development...
Grogan brought his public sector experience to Harvard in 1999, serving as the University's voice on development projects and community issues...
Grogan's experience in the public sector and at Harvard, in addition to his wide-ranging connections in local and national government, made him an attractive candidate to lead the Boston Foundation, which itself is a member of the Boston After School for All Partnership...
...Suisse First Boston. "So they want to be very sure before they cut rates." The risk is that they've waited too long already. Merrill Lynch strategist Michael Hartnett is holding out hope for a rate cut this month, but adds: "They are already behind the curve. The manufacturing sector will be in recession by summer...
...comparing the U.S. economy with the downwardly spiraling Japanese economy, analysts note a host of differences. The main one: the Japan bubble was built on rising real estate values. Banks were heavily exposed through mortgages and commercial-property loans. The U.S. bubble was in a narrow sector of stocks. Some banks are exposed through private equity investments; but for the most part, even if your portfolio tanked, your bank doesn't have much at risk. Healthy banks are vital to a healthy economy...