Word: broking
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...sometime last year, the mechanism broke down. Investors backed away from all types of consumer credit after getting burned in the mortgage market. Less than $200 billion in asset-backed loans was securitized in 2008, down from an annual rate of a trillion dollars at the height of the credit boom. This year there has been only a few billion dollars in securitized-debt deals. (See the worst business deals...
...gobbling path - and they're using their vast wealth and will to help protect the earth's quickly vanishing wilderness. The eco-barons' mission, Humes says, became all the more important when Washington shrank from its role as environmental guardian. "In an era in which government has been either broke, indifferent or actively hostile to environmental causes," writes Humes, "a band of visionaries ... are using their wealth, their energy, their celebrity and their knowledge of law and science to persuade, and sometimes force, the United States and the world to take a new direction." (Listen to Humes on this week...
...Sophomore Agnes Sibilski and senior Beier Ko carried their match 8-6. With the score tied 5-5 and the Crimson leading 40-30, a key play came when Ko broke BC’s serve with a volley down the center of the court, splitting the Eagles pair...
...Peterzan followed her strong doubles performance with a just-as-impressive singles match showing. Leading 6-5, she broke her opponent’s serve to take the first set. She clinched the second set 6-3 with a strong cross-court forehand...
...enthusiasm, Gilbert fondly recalled concerts that were “self-generated,” off-the-cuff performances organized entirely on the initiative of student musicians. Gilbert spoke of one particularly noteworthy performance in Adams House where, “after the first four notes, the crowd broke into cheers and [the orchestra] had to stop.” When asked whether he ever regretted giving up the more structured musical instruction of a conservatory for Harvard, he answered “never.”The spontaneous and intense music scene at Harvard exposed him to responsibilities that...