Word: amounting
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...Zachery showed up for a recent interview at one of Kansas City's barbecue temples carrying a large box full of medical records. But no amount of documentation could resolve his bewilderment over what was happening to him. "You play by the rules, then when you need them, the rules change," he said. "I had an occupation. I was at the top of the food chain, keeping my head above water. Then I happened to show up for work on my birthday - and everything since then has just spiraled...
...pays him a little more than $50,000 before taxes, out of which he pays about $800 a month for medical insurance. That leaves some $2,400 a month, he said, for his mortgage and other expenses. He has about $15,000 in unpaid medical bills and a similar amount in missed house payments. He has no significant assets; his home equity is gone. Houses comparable to his in more desirable neighborhoods are selling for less than the amount he owes to the Bank of New York Mellon. As the saying goes, Zachery is under water. It was this math...
...Last year, the omnipresent economist, Nouriel Roubini, told Barron's that 1,400 banks would fail during the current economic crisis. Investment bank RBC Capital puts the figure at 1,000. Since there is no way to know how large the deposits at any of these institutions are, the amount of exposure the FDIC faces is impossible to forecast. But, it will be more than the $22 billion prediction. If 500 banks fail, which are fewer than those that failed in the S&L crisis, the figure is probably ten times that...
...governor was incorrect? He was incorrect in ascribing the full amount to volcano-monitoring. [But] what we'll do is use a lot of the money for maintenance and modernization of our monitoring networks. We're trying to play catch-up. In the U.S., there are 169 active volcanoes or volcanoes that are capable of reawakening and 65 historically active volcanoes. In the last 30 years, there have been over 90 eruptions from U.S. volcanoes. (Watch TIME's video Mud Volcano...
...past, drugmakers have tried to justify high prices by the amount it takes to make major discoveries. "The critics just got louder and said, 'That's', but we've got people dying here,'" says Bradley Googins, executive director of the Boston College Center for Corporate Citizenship. "Companies have realized they can't just simply be bystanders anymore...