Word: busting
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Pulling the trigger on a real estate deal hasn't felt this dicey in a decade. The inventory of unsold homes on the market is at its highest level since the last bust. New homes are selling at a slower pace, and prices have fallen. Buyers are walking away from signed deals (and their deposits) at twice last year's rate...
...University has learned that it wasn’t the only victim of theft whose artwork ended up at an estate auction earlier this month. Several other objects left by the late New York art collector William M.V. Kingsland—including a bust by surrealist painter and sculptor Alberto Giacometti—have been confirmed stolen, The New York Times reported yesterday...
...TIME: You and the President, this administration seems -- based on public opinion polls -- seem not to get the credit it deserves, certainly you probably feel that way, for the economy. Why is that? Is it the gas prices? Is it the housing bust? Is it Iraq...
...kind of fireworks you expect amid record-high stocks and other bits of good news--energy prices easing, inflation ebbing. True, the economy is slowing, but profits are still growing, and long-term interest rates have begun to fall. Meanwhile, history suggests that the longer and steeper a market bust, the longer and more robust the recovery. And the 2000-02 decline was one for the ages: the S&P 500 fell 49%, vs. the bear-market median decline...
...have a larger board of directors, many of whom are elected, Harvard continues to use a model conceived of in 1650: a seven-member, self-selecting, and secretive corporation. Other traditions—like final clubs, the house system, and shopping period—apply less to University governance, bust are still part of the zeitgeist of the school that need to be understood before policy is made. These traditions also act as obstacles and create a tremendous amount of inertia. A new president needs to understand them so that he or she can comprehend what can and cannot...