Word: collectibility
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...clear what sorts of limits on executive compensation will be included in the bailout bill. Ideas being batted around include a temporary elimination of golden parachutes (payouts that executives collect when they lose their jobs); a lower limit on the amount of an executive's base salary that companies can deduct from their taxes (currently $1 million); "clawback" provisions to help recoup bonuses paid based on earnings or other metrics that later prove to be inaccurate; and limits on incentives for "excessive" risk-taking...
...variable-rate bonds have soared as investors demand higher rates of return on these securities in the face of widespread market instability. A University spokesman declined to comment on how this spike in interest rates has affected Harvard’s balance sheet. Bonds allow the University to collect money from investors in exchange for the promise to repay the principal amount plus interest later. The coupon rate of variable-rate bonds is tied to the market interest rate. Princeton, which had issued $200 million worth of variable-rate bonds, has seen interest rates on some of its bonds quadruple...
...blaze was a two-alarm fire and that the cause of the incident is still unknown. Firefighters shattered the windows on the top floor as they fought to put out the flames for over 45 minutes. Residents were told they could reenter the building later that night to collect valuables or other essential items. Murphy anticipated that many residents would be able to move back in today. Divinity School Professor Baber Johansen and his wife Mariapia DiBella—an anthropologist conducting research at Harvard—live directly below the site of the fire...
...though I’ve been most cruelly shot,By heartache’s arrow, so strong, and long, and hard.And now against whole ruin must I guard.I dream of stables wherein my heart will die,I cry, I cry, I cry, I cry.Roxanna required a moment to collect herself. She daubed at her tears with a handkerchief. She could not help herself; she thrust the parchment into her bosom.Her pangs of shame at having read her master’s private poetry were overwhelmed by a rush of feeling: So he really was what she had suspected. His wife?...
...Pakistani army has not reacted militarily, nor has the government taken steps to break off diplomatic ties. Their only complaint, military analysts said, is over the use of ground troops. For the past six years, the CIA has routinely flown pilotless drones over Pakistan's tribal areas to collect intelligence and fire at select targets. Only when attacks have claimed large-scale civilian casualties, as in the abortive 2006 attempt to kill al-Qaeda No.2 Ayman al-Zawahiri, have the Pakistani authorities bothered to go through the more advanced motions of protest...