Word: bursting
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Dates: during 2000-2009
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...subprime mortgages that have come to define toxic asset. Companies that held CDOs could offset their risk by buying CDSs from AIG FP. Or they could simply speculate with the instrument. It all worked fine until overbuilding by housing firms and overleveraging by consumers caused the bubble to burst. Which in turn caused the value of CDOs to plunge. Which caused holders of CDSs on such securities to demand payment from...
...Albright, O’Hara, and O’Neill burst onto the scene last year as rookies, and very quickly became mainstays in the lineup. Their play was perhaps the one bright spot in Harvard’s 10-30 2008 season...
...move-in continued gradually. Late weekend nights in the Quad became an excuse to lug my speakers, a box of ties, or my worn Hillary Clinton poster to my new room. These new roomies didn’t merely let me store my junk in the ready-to-burst walk through. My personal memorabilia joined theirs on the wall, in this room I now referred to as “our room.” Indeed, Dunster became my adoptive house. House residents largely forgot my status as a squatter. Once my roommate secured me a room...
...Right now, the key challenges facing Japan are domestic. The Japanese, in a funk since the bubble burst, know that things cannot go on like they have. "Japanese people wish for a fundamental change, but there's no one to vote for," says Tomoaki Iwai, a professor of political science at Nihon University in Tokyo. Koll says that "the real question is whether politics can be sexy again for the younger generation - something that you actually want to be involved with, not only because it affects your life but affects your future...
French President Nicolas Sarkozy has never hidden his infatuation with celebrities. In recent years Sarkozy has burst with pride while being photographed with the stars he likes to count as both political supporters and personal friends. In 2007, he even went and married one. But as Sarkozy's government tries to crack down on illegal Internet downloads of music and movies, suspicions have surfaced that the proposed regulation could be just another case of the President protecting his famous friends...