... ofthe shares When the three other management directors ofthe newly public Morgan Stanley were added (these were Fisher, Greenhill, and another member ofthe grumpy old men, Lewis Bernard) their ... institution But with the growth ofthe industry, the surge of new entrants and mergers of existing ones, the cycles of layoffs and hectic hiring binges and the split-off of celebrity bankers ... course, the biggest change of all was that, with its couple of dozen partners and several hundred employees, theMorgan Stanley ofthe 1960s was the dominant investment bank in the world In the competitive...
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... understanding of “self ” and a sense of separation f rom others Our right brain creates a f eeling of “we,” that wonderf ul sense of connection with one another and the inef f able awe of living in the ... categorize the sensory experiences ofthe right brain As Taylor explains, “My lef t brain is doing the best job it can with the inf ormation it has to work with I need to remember, however, that there ... hese are the seven steps: 1) Interrupt the Pattern 2) Create Comf ort 3) 4) 5) 6) 7) Lead the Imagination [Link to previous article] Shif t the Feeling Satisf y the Critical Mind Change the Associations...
... auditors on the board of client firms.”3 Fifth, the main bank monitors on behalf of all creditors Other banks delegate the job of monitoring the debtor to the main bank, in other words, and thereby ... (the columns) and by the total amounts 288 Does Relationship Banking Matter? they borrow from banks (the rows) For each ofthe resulting 16 cells, we then calculate the mean ofthe fraction of ... collapsed at the end ofthe decade, they found themselves without recourse As their best clients abandoned them for bonds during the 1980s boom, moreover, the banks began to court firms they had earlier...
... Norway, and Sweden The Netherlands accounted for the other two instances Four of these six adjustments took place in the mid-1990s, a period of robust growth in most ofthe world The other two instances ... and 1b Losses of this magnitude swamp the damage done by even the worst policy mistakes ofthe last half-century The losses from the recession also vastly exceed the cost of any ofthe government ... size of these effects Of course, lower interest rates are a key part ofthe story If interest rates not fall as a result ofthe adjustment, then there is no reason to expect any boost through either...
... nor they employ words which are not known to their vocabulary It is in these legends that we obtain their true views of life and death, their religion, their theory ofthe state ofthe dead, their ... cosmogony, to resort to the era of that primal reconstruction ofthe theory of a Deity, when the human philosophy in the oriental world ascribed the godship ofthe universe to the subtile, ineffable, ... or, the Red Lover129 Sheem, the forsaken Boy, or Wolf Brother136 Mishemokwa; or, the War with the Gigantic Bear wearing the precious prize ofthe Necklace of Wampum, or the Origin of the...
... the “apogee” of southern distinctiveness in the late 1800s, a majority ofthe residents ofthe southern states would not have “accepted ‘southern’ as the social identity most explanatory of their ... because ofthe exclusion of black southerners from his concept ofthe “Southern people,” and because ofthe existence of multiple “Souths” and multiple “Americas” rather than a unitary version of ... synonymous with the idea of America itself.”17 The modern field of southern history came of age during the reign ofthe “liberal consensus,” when the myths of American exceptionalism were at their most...
... of these is the theory ofthe ‘comparative advantages’ ofthe underdeveloped countries According to this theory, a hyper-free market is required so that the advantages that the countries ofthe ... elected decide the value of a country’s currency, the price of its raw materials, the cost of credit, and the prices of energy or food These unknown persons thus affect the fate of millions of people ... want solely the material prosperity ofthe world and the disappearance ofthe state: Marx through the transnationalization ofthe proletariat, and the supranational clergy by means ofthe transnationalization...
... America— "the climate, the soil, the length ofthe day, the wants ofthe people, the habit and form ofthe government"—in short, to make the present facts of American life as important a source of inspiration ... them to the material of personality On the other hand, their ability to shape themselves to the needs of their audiences reflected a new kind of public, consensual process in the creation ofthe ... Antecedents of American Silent Film 21 Houdini, Keaton, and the Rise ofthe Body 43 Hart, Fairbanks, and the Vitalization of Landscape 71 Griffith, Gish, and the Narrative ofthe Face 107 The Birth of the...
... worthy of touching the sole ofthe feet ofthe genius it depicts: it’s blasphemy.’⁸³ The mayor of Berlin, on the other hand, remained entirely unmoved by such allegations Despite the fact that the ... in the Teutoburg Forest in ad 9, in Siegfried, the hero ofthe Nibelungen saga popularized as the German national epic since the beginning ofthe nineteenth century, and in the legend ofthe ... of events In the words of Theodor Wolff, within two weeks ofthe battle Hindenburg, on the other hand, had become Germany’s ‘new hero’.³⁶ The ‘Victor of Tannenberg’ was another of his many sobriquets...