Academics pointed out that it was possible to outperform in the short term, simply by taking a lot of risk.In this section A house built on Sandy In praise of volatility Growing insecurities Surplus to requirements Nowhere to hide Flames, claims and automobiles Looking good by doing good ReprintsThat led to the widespread use of the Sharpe ratio as a measurement tool.
James Gorman, now seen as favourite eventually to succeed John Mack as Morgan Stanley's boss, will be the venture's chairman.In this section A house built on Sandy In praise of volatility Growing insecurities Surplus to requirements Nowhere to hide Flames, claims and automobiles Looking good by doing good ReprintsMr Pandit's about-face reflects Citi's continuing need for capital.
By most accounts this process has begun.In this section A house built on Sandy In praise of volatility Growing insecurities Surplus to requirements Nowhere to hide Flames, claims and automobiles Looking good by doing good ReprintsWhat is the net effect of these forces?
Less complex reporting requirements would reduce another incentive to hide from the taxman.A second needed change is to shift the tax base from income towards consumption and property, which is both immobile and hard to hide.
Complexity was what made it possible to hide debt, avoid capital requirements and evade taxes.
During a November hearing on the bill, Georgetown University Law School professor Adam Levitin criticized the bill as a set of unearned giveaways for small financial firms -- tax cuts, accounting gimmicks to hide losses, weaker capital requirements and even immunity from some forms of scrutiny by the Securities and Exchange Commission.
On the other hand, it is not possible to avoid this word because of ethical and regulatory requirements; it is perceived as an intention to hide the fact that research is an experiment and different from medical care.
The traditional medical requirement that one construct a plausible non-trans history to hide one's past, for Stone, undermines the possibility of authentic relationships.
So you would think that if they have nothing to hide, insurers would embrace this new requirement.
