Word: burdens
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Dates: during 2000-2009
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...avoiding further moral hazard, the hefty bailout package will create nothing but more incentives for risky investors to seek sweet returns. This a tragic consequence of the package; but as long as Americans homeowners refuse to accept losses on home equity in the short run, they must face the burden of this bailout as taxpayers in the long...
...should be. As Gao Xiqing, the chief investment officer of China's $200 billion sovereign wealth fund, meets in New York City this week with Morgan Stanley CEO John Mack to discuss increasing the Chinese government's stake in the venerable - and flailing - investment bank, he bears an obvious burden. Last December, the CIC (the China Investment Corp.) invested $5 billion for a 9.9% stake in Morgan Stanley (for which the bank must pay CIC a 9% annual dividend until 2010). On paper, that investment is now down more than 25%. Worse, Beijing paid $3 billion for a piece...
...impact of malaria, however, is still massive. "Whether it's 200 million or 500 million [cases], that's a lot of infections with a big health burden and a big economic burden," says Bernard Nahlen, deputy coordinator of the U.S. President's Malaria Initiative - especially, he says, "for something that is treatable and to a large extent preventable. If your child's life can be saved by treatment for 50 cents, you should treat...
...correction comes less than a year after the United Nations made a similar announcement, acknowledging last November that its AIDS-battling agency, UNAIDS, had overstated its estimates of the global HIV burden by about 6 million cases; that agency revised its numbers also based on newer and more accurate surveys. At the time, the U.N. came under fire from critics for inflating its estimates in order to exaggerate the urgency of the epidemic - and to spur bigger donations...
Reading it now, with the burden of hindsight, one sees that Infinite Jest is ominously infested with suicides, including that of the hero's father, who cooks his own head in a microwave. But back then, Wallace seemed invulnerable. How could a man who had put such crowds of people on the page--Wallace's ear for dialogue was unmatched in contemporary fiction--truly be lonely? Once you've gone inside the mind of a critically burned toddler, as Wallace did in his short story "Incarnations of Burned Children," what horrors can't you face? When he accepted a professorship...