Word: crunch
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...economy soured and the subprime credit crunch began expanding into other credit areas over the past year, CDS investors became jittery. They wondered if the parties holding the CDS insurance after multiple trades would have the financial wherewithal to pay up in the event of mass defaults. "In the past six to eight months, there's been a deterioration in market liquidity and the ability to get willing buyers for structured finance securities," causing the values of the securities to fall, said Glenn Arden, a partner at Jones Day who heads up the firm's worldwide securitization practice...
Computational methods honed by astronomers has proven helpful to researchers in fields like genetics, who increasingly require tools to effectively crunch huge sets of data...
...problem is not malice, however; it’s a severe hike in world food prices. Last year saw new records set for wheat and corn prices, and, despite falling since their peaks, they are still high above the average. Unsurprisingly, HUDS is therefore undergoing a serious budget crunch, which means that you can say goodbye to all the rainbow highlights of your humdrum student life—tasty little bacon bits, those weird, whole-wheat waffles...
...more piano-oriented past. Fortunately, the gamble pays off in dividends, and “Dig, Lazarus, Dig!!!” stands as the mark of an explosive and brilliant new incarnation of the Bad Seeds.The title track opens the album, plunging forward with a grating guitar crunch and the dull moan of church organs. The Bad Seeds chant the chorus like oarsmen on a Viking ship: “Dig yourself / Laz’rus, dig yourself / Back in that hole.” In sarcastic spoken-word, Cave recounts the mournful wanderings of post-tomb Lazarus, whose brief...
Douglas Holtz-Eakin knew the 2003 Boeing Air Force tanker deal was a rotten, overpriced plan, but he was not supposed to say so. As head of the Congressional Budget Office, he had a simple job: crunch numbers, avoid policy disputes. But one day at a September 2003 Senate hearing, John McCain asked him directly: Do you think the deal should be approved...