Word: bound
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...battling between the heads of Merrill and B of A is bound to take the combined company's eye off the ball of fixing the big bank. Even the board is bound to get tied up in the drama. So far it has supported Lewis. There is no way to know how long that will go on and who might replace him if he is forced to step down...
...down to get the loan. The value of real estate in Stockton, California, where he bought his home had been rising at 10% a year for four years. He was a good credit risk not because of his income but because the value of the asset he bought was bound to go up 100% by the end of this decade. Two months after his mortgage reset in 2006, he lost his job. He was in default less than 90 days later...
Some like Erin Schuster, 28, a doctor living on Louisville's east side, have been forced to impose on friends fortunate enough to still have power, setting up camp in their apartment. Schuster says she went to bed last Monday well aware that a powerful ice storm was bound for Louisville, but she was shocked the next morning by the breadth of the damage. "You heard a lot of cracking, but when I finally made it outside, you realized that it wasn't branches that were breaking but entire trees that were snapping in half" under the weight...
Down in the state capital of Oaxaca, state human rights commissioner Heriberto Garcia also chastised the custom. "Buying and selling a woman is a clear violation of her rights," he says in his office decorated with leather-bound law books. "And a young teenage girl does not have the experience to make these decisions." Oaxaca state law permits marriage of women at 14 and men at 16. However, Garcia said he plans to send a bill to the state legislature changing the age to 18 for both sexes...
...would resemble the immediate past, at least as far as risk went. Turns out it didn't. All it was going to take was a worse-than-average recession - and it looks as though we've got one - and many banks, including a number of the biggest ones, were bound to fail. The shockingly poor lending standards - housekeepers being approved for million-dollar mortgages - have only hastened their demise. "This crisis needs to be understood as something that has developed over the past decade," says Joseph Mason, a finance professor at Louisiana State University's E.J. Ourso College of Business...