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  • CONTINUED : Judgement replaced by math
  • It has made it easier for money to connect lenders and borrowers. It has removed the kinds of personal bias that kept capital in the hands of people whom men like J. P. Morgan approved of. And it has vastly expanded the amount of lending as well. But ...
  • The trust crunch
  • In December, 1912, J. P. Morgan testified before Congress in the so-called Money Trust hearings. Asked to explain how he decided whether to make a loan or investment, he replied, β€œThe first thing is character.” His questioner skeptically ...
  • Caribbean islands brace for Omar
  • John deJongh closed all public schools, told government employees to head home at midmorning and imposed a 6 p.m. curfew on the islands of St. Thomas and St. John. He also activated the National Guard. To the west in Puerto Rico, government offices ...
  • S&P reviewing GM, Ford shares for downgrade
  • NEW YORK - Shares of General Motors Corp. and Ford Motor Co. plunged in the waning minutes of trading Thursday, after Standard & Poor's Ratings Services placed their credit ratings under review for possible downgrade. S&P said the moves reflects the ...
  • Great humanitarian trips around the world
  • G.A.P. Adventures and i-to-i, for example β€” two relatively new organizations β€” have seen program participation double almost every year since their inception in 2005. Meanwhile, one of the longest-running U.S.-based operators, Cross-Cultural ...
 
    
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