Word: closing
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Dates: during 2000-2009
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...that, the government is going to make financial aid readily available to individuals of good character with strong references so that they can make their mortgage payments. To paint the picture even rosier, the Fed will buy up paper in the open market and that paper will bear a close enough relationship to bank rates for real estate lending that it will push mortgage costs down. (See "Four Steps to Ending the Foreclosure Crisis...
...quarter will probably be true. Surprises will be scarce. Alcoa said that the first quarter would be a bad quarter. The company said it would lose money. In the first quarter, Alcoa lost $.59 after charges for discontinued operations. Reuters predicted that the loss would be $.54. This was close enough for government work. The stock dropped 3% after the announcement. In short, there was no shocking news because Alcoa made sure there would not be any. (See pictures of the Top 10 scared traders...
...backseat, Michael J. Scalise ’10 sits with knees high and head looming close to the roof of the car. He replenishes an earthen gourd of mate—a caffeinated drink prepared with the dried leaves of a South American holly—with hot water from a thermos. Unlike Nick, who has a dark, leathery complexion, Scalise is of a lighter cast, his wispy blonde hair framing a bright-eyed face that jerks about when addressed. He passes the gourd to Pablo Botero ’09, and like some religious victual, the pungent beverage slowly...
...fishing village where Thomas had once stayed a night after being stranded at sea. He made friends with the villagers and now returns often to introduce his tour groups. In general, as tourists, we try not to gawk at the poverty around us, but this was impossible at such close range. About 15 people lined up on the "dock" (really, a front porch) and helped us clamber from our boat over theirs and into their one-room home. There wasn't much dialogue between the groups, given that none of the tourists spoke Khmer and our hosts didn't know...
...news of atrocities such as those committed by the Colina Group had begun to surface, and his victory was marred by allegations of electoral fraud. Four months into his third term, Fujimori fled into exile in Japan, after a $1 billion corruption and embezzlement scandal involving Montesinos and other close advisers had unraveled his government. He returned to South America in 2005, hoping, incredibly, to take part in Peru's 2006 presidential race, but he was arrested in Chile and handed over for trial in Peru two years later. A Peruvian court in 2007 convicted Fujimori on corruption charges, while...