According to the Economic Times, Kotak teamed with Deloitte to reduce the wait times of Letter of Credit (LC) transactions with banking partner JP Morgan Singapore from 20 to 30 days to a «few hours.» (ethnews.com)
The discussion of the Fund's investments and investment strategy (including current investment themes, the portfolio managers» research and investment process, and portfolio characteristics) represents the Fund's investments and the views of the portfolio managers and Harris Associates L.P., the Fund's investment adviser, at the time of this letter, and are subject to change without notice. (oakmark.com)
At the same time, it appears Klein was blindsided by the timing of the letter released by the state Democratic Committee, jamming him to make a decision one way or the other on where things stood. (nystateofpolitics.com)