Word: built
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Dates: during 2000-2009
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...give this offering, God will give you a house.' And if they did get the house, people did think that it was an answer to prayer, when in fact it was really bad banking policy." If so, the situation offers a look at how a native-born faith built partially on American economic optimism entered into a toxic symbiosis with a pathological market...
...middle-income consumers. At its pinnacle, the company financed more than 40% of trailer homes, many with mortgages for people with bad credit. In 1998, Green Tree was bought by Conseco for a hefty $7.6 billion; by 2002, Conseco had declared bankruptcy. "Green Tree was a house of cards, built on financial engineering that could not withstand the test of time," write the authors. It was the third largest bankruptcy in U.S. history at the time--one that now looks puny by comparison with today's debacles...
...ordinary plates to lessen the chances of being spotted by would-be assassins. Diplomats have become so wary of venturing out from the relative safety of the diplomatic zone that a group of city shop owners has just set up a 30-shop market inside the enclave. Though hurriedly built, the traders say they are already working on plans for a more permanent market in the area to take advantage of the walled-in, well-to-do consumers...
...young people that will come of age in the next five years. Fahd al-Rasheed, CEO of the KAEC project, points out that Saudi Arabia needs to build 6 million residential units in the next 12 years; and that's compared to the 5 million units it has built over the past six decades. In addition to providing housing, KAEC and the other new cities are also meant to create millions of jobs...
...Faisal points out that Saudi Arabia has done this before: The port towns of Jubail and Yanbu were built from scratch in the 1980s and '90s. But those were essentially designed to create industrial infrastructure, and little attention was given to the quality of life of those who had to move there. As a result, both cities have come to be seen as somewhat dreary outposts, better suited for workers living in dormitories than families...