Word: understands
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...Although financial-market stability appears to have returned, for a few weeks this summer an LTCM-like collapse seemed like a possibility as the credit crunch intensified. That's one reason why there's growing urgency to understand how these huge pools of private capital can disrupt markets. In the U.S., California lawmakers and regulators are pushing a proposal that would require larger hedge funds that have fewer than 15 clients to register and to open their records to state oversight. In Europe, the German government is spearheading an inquiry into the subprime crisis by the G7 group of industrialized...
...those with high net worth who can afford the $1 million minimum investment typically required by fund managers. "It's a professional's market," says Thomas Whelan, chief executive of Greenwich Alternative Investments, which operates a fund of hedge funds. "You need to be able to research and understand what the funds do and then monitor them...
...defense this weekend. During the exhibition games, Harvard’s defensive zone was not very cohesive. “I think the things that trouble me are how the goals that were scored on our side materialized—bad changes, somebody not being able to understand the defensive zone coverage,” coach Katey Stone said following the McGill games. The Crimson’s first opponent this weekend is Quinnipiac. Last year Harvard crushed the Bobcats 6-1. But one factor that plays to the Bobcats’ advantage is that this Friday?...
...ethnic tie to the Middle East that drew her to the study of Arabic culture. “A lot of Jewish people study the Middle East and Arabic as a kind of counterbalance to their ethnic identity,” she says. “They want to understand this culture they see themselves in conflict with...
...idea of tasing simultaneously fascinates and frightens people, it's probably because the technology is a bit of a mystery. "It's harder to understand the science behind [Tasers] than to understand bullets or batons," says Scott Greenwood of the Cincinnati chapter of the ACLU. Tasers are the only stun gun that can be fired from a distance, and they deliver a high-voltage electric shock that momentarily paralyzes victims but doesn't kill them. According to Greenwood, the zap from a Taser is no more harmful than a shot of pepper spray to the face. "[Getting tased] is both...