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The hotel hasn't entirely shaken off its institutional feel.
But far from lessening the institutional feel of the whole proceedings, it kind of exacerbated it.
"They wanted to switch down to a smaller trust company, a local player that would have less of an institutional feel," Mr. Dinzeo said.
Some of the conveniences of a modern care environment are traded, to avoid an institutional feel, for a home life based on ordinary domestic activities and a real sense of mutual support.
Located in separate wings, these new units are intended to provide something of a home-like atmosphere with carpeting, wallpaper and comfortable furniture, in contrast to the linoleum floors and institutional feel of the industry's typical facilities.
In America, he notes, there has been a net outflow of institutional money recently from so-called "funds of funds", which offer a mix of hedge-fund investments in one product to diversify risk, but also add another layer of fees.Although there is a stronger institutional feel to the hedge-fund business today, that is not to say the cult of personality has disappeared.
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"The question is, do the institutional shareholders feel more comfortable with Harbinger or not?" Go to Article from the New York Times ».
Edith Holzer, director of public affairs for the Council of Family and Child Caring Agencies, said the abduction illustrated the difficult balance foster agencies tried to strike between providing a safe setting and avoiding an institutional, penal feel.
Michael O'Hanlon, a specialist on military issues at the Brookings Institution, told me, "The people in the institutional Army feel they don't have the luxury of deciding troop levels, or even participating in the debate.
"We're seeing money pouring into the market again, and buying begets more buying," Wachtel says, adding that many institutional investors feel pressured to move out of cash and bond positions as opportunities arise in the stock market.
"Had some of the big institutional players felt it was going to be closer, we might have had a different outcome".
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