Word: broker
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Dates: during 2000-2009
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...Europe voyage is reportedly currently maxing out at a paltry $500. Though the pace of the drop in rates has slowed, there are signs that charter prices have still not bottomed out, having dipped below the record lows of the 2002 stock-market crunch. According to London ship broker Clarkson, a 3,500-TEU gearless Panamax vessel - the largest vessel that can go through the Panama Canal - pulls in $6,500 a day, down 34% on the $9,500 it was charging in February...
...more fed up with the recession than Christina Calleja, 25, a real estate broker's assistant in New York City. Over the past year, she has fretted over every single expense. She has stayed home on Saturday nights and refused to eat out. Instead of buying a lotion that would smooth her skin, she would sample one at a department store. "Psychologically, obsessing over everything you buy is so exhausting," says Calleja. "Everyone talks about the recession everywhere you go. It's always in your face. It gets annoying...
...Within two years, the school had obtained funds for both projects. In June of 1957, New York investment broker James L. Loeb gave $1,000,000 for the future drama center; four months later Mr. and Mrs. Alfred St. Vrain Carpenter, owners of pear orchards in Oregon, gave $1,500,000 to “completely underwrite a Harvard Visual Arts Center,” according to the Crimson. Close in date, the two gifts were also close in their intent—the Carpenters had originally wanted to donate to the theater until their son, Harlow Carpenter...
...Diplomats tell TIME that major Latin broker countries like Brazil are stepping in now to help hammer out a deal palatable to both Washington and Havana - one that would probably demand a lesser gesture of democratic commitment on Cuba's part, like the release of political prisoners. But they also suggest that the General Assembly may end up deciding to simply hold a yearlong "dialogue" on the matter, to allow the U.S. and Cuba to ease into a compromise that would be unveiled...
...being one of the root causes of this. I don't think there's any question about it. I think you take it all the way up the line: the guy who is barely scraping by decides he's going to get a $400,000 mortgage; the mortgage broker who knows good and well that the mortgage isn't a suitable one but who passed it up the line to Wall Street; the ratings agencies who put AAA ratings on those packages. It was like a contagion that spread all over the world. But it was rooted in greed...