Word: chain
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...wants to keep thriving, it will do anything to live on.") It's the old Romantic lie of mania, that it represents a heightened version of the self, a genius too great to be comprehensible. But the siren is a monster, and its song is just an endless chain of meaningless epiphanies and empty fireworks...
...they were big players in the market for credit default swaps, derivatives that are meant to insure against loans gone bad. Regulators have such an unclear picture of who's on the hook to whom in this market that they feared the collapse of either firm would spark a chain reaction of defaults, and investors are so panicked by the unknown that they are selling shares in even seemingly healthy investment banks Goldman Sachs and Morgan Stanley...
...Massachusetts Ave Open daily, 6 a.m.-Midnight With fake grass covering the walls, funky lanterns, and a frozen yogurt with probiotic bacteria that helps prevent yeast infections, this is no average ice cream shoppe. In addition to its extra creamy ice cream made in nearby Jamaica Plain, the chain J.P. Licks offers hard and soft frozen yogurt, homemade baked goods, and house-roasted organic, fair trade coffee served from 6 a.m. onwards. Ice cream flavors range from the classics to seasonal choices like apple crisp to the highly recommended Oreo cake batter. Of course, there will always be critics...
...eastern China died after they were fed milk made with powder that contained little nutritional value. That incident, know as the "big headed babies" scandal because the malnourished children developed swollen heads, touched off domestic demands for greater scrutiny of Chinese food products. Last year, the food supply chain became an international concern when a series of faulty export products were uncovered including fish contaminated with banned drugs, toothpaste and cough syrup made with toxic chemicals and lead paint used on toys. In March and April of 2007, Melamine emerged as the chief suspect in the poisoning of thousands...
...chain of events over the weekend went something like this: Efforts to find a buyer for struggling Lehman Bros. collapsed in the face of government resistance to any kind of bailout and the refusal of all potential purchasers (UK-based Barclays was reportedly the one that came closest to making an offer) to sign a deal without government backing. With Lehman headed for bankruptcy, Merrill Lynch was the next- most-vulnerable-looking Wall Street firm, so its CEO, John Thain, quickly inked a $29 a share sale to Bank of America that values Merrill at $50 billion. Meanwhile, AIG asked...