Word: bagging
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Dates: during 1990-1999
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...institution holding the biggest bag of derivatives is Chase, with $7.6 trillion. Interestingly, Chase raised the red flag in its 1997 annual report, noting, "Management expects there will be an increase in nonperforming assets in 1998 primarily as a result of the deterioration of credit conditions in a number of Asian countries." Unlike other banks, Chase refused to talk publicly about its derivatives exposure with clients that are below investment grade, but it already has more than $1 billion in total nonperforming assets. A report issued by the OCC examiners puts its total credit risks from derivatives at $81.9 billion...
...steps of University Hall, staking out the tourists from the statue's right side, a strange scene begins to unfold: I spot a curious-looking old man on the approach. He's wearing a disheveled shirt and tie under a new-looking waterproof jacket, lugging a plastic bag full of garbage satchel-style over his shoulder and holding a half-dozen copies of the Gazette in his other hand. He's plodding steadily toward the statue and as he makes his way past it--get a load of this--he salutes...
Finally, he's said his piece, and is ready to leave. Before he goes, he welcomes me to Harvard and says he hopes I enjoy my stay. "It's a great place," he assures me as he moves out, throwing the bag of garbage back over his shoulder. "I'm sure it is," I yell after him, not certain whether he's still within earshot...
Thanks to Mayer's efforts, upper-class students will soon have the option of receiving bag lunches at Loker Commons. For many, this is a pleasant alternative to trekking back to the Houses for their midday meal. Not only is it convenient, but it will also reduce the overcrowding in dining halls such as those in Lowell, Adams and Quincy. We urge HDS to recognize the importance of implementing the plan efficiently, even if it means hiring more staff workers...
...from a safety line after a few days and climbs barefoot through the tree for exercise. She hasn't had a bath since December, but she makes do by swabbing herself down. It has been cold lately, and windy, so at night she wraps herself tight in a sleeping bag, leaving only a small hole for breathing. Beneath an electric blue tarpaulin draped around the branches, she cooks vegan meals on a single-burner propane stove. "Her potato-squash stew was yummy!" says Doug Wolens, a San Francisco filmmaker who is shooting a documentary...