Word: augustness
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...financial crisis, which was partly caused by weak risk management. Lenders haphazardly tossed money at conglomerates for questionable industrial projects and property investments, and they chased high-yield, high-risk investments around the globe. But they paid the price in bank and finance company failures. In August 1997 Thailand closed 42 finance companies, Indonesia closed 16 banks two months later, and South Korea closed 14 merchant banks in December 1997, according to Merrill Lynch. Others were sold or merged. Those that survived cleaned up their act. Credit analysts are more thoroughly trained and better technology systems allow managers to more...
...allure that drew them here and said that they hope to bring individuality to shoppers in Cambridge. Topaz said the store sells jewelry starting at $40; T-shirts at Looks start at $20. Denise A. Jillson, the director of the Harvard Square Business Association, said that as of August, locally-owned and independent stores occupied 78% of the business locations in Harvard Square. Ice cream chain J.P. Licks also opened a store at 1312 Mass. Ave. this summer, welcoming students back to campus last week with a day of free ice cream. —Staff Writer Hee Kwon...
...store opened on August 1, and although a trickle of Law School students still comes through to buy books, the real rush was at the end of August, Shapiro said...
...events in the Middle East still elicit shock and awe, but the August 21 airstrike on the Afghani village of Azizabad was an exception. Working under the information that a Taliban commander was in the area, bombs were dropped in the village as a large crowd milled the streets mourning the death of a local leader. Devastation resulted—though an initial U.S. investigation reported five to seven civilian casualties, a later U.N. probe revealed that the number was closer to 92, a number that included the mutilated remains of many women and children. As this sobering report makes...
When my best friend told me she was going to spend the end of August in Maine, I felt suddenly that my resolution to monitor the two political conventions was a responsible one. How wrong I proved to be: no doubt two weeks spent away from the mass media would have been much more rewarding than savoring the political landscape as I did. The least I can do to make my “vacation” worthwhile is to transcribe a few of the fallacies and suspicious statements I’ve heard in recent weeks...