Word: dammed
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...That dam may have started to crack. While the U.S. banking industry pocketed record earnings last year, Morgan's fell 7%, to $1.46 billion. Derivatives are partly to blame. Morgan last year declared it had $659 million in nonperforming assets, 90% of which were defaults from Asian derivative counterparties. Among the defaulters were three South Korean companies, led by SK Securities, which early this year refused to pay $490 million that Morgan claims it is owed...
Northeastern's Betsy Dyke and junior defenseman Claudia Asano had swapped goals in the first period. Then the dam burst...
...Haiti, we're working with peasants who lost their land to a hydroelectric dam," Farmer said. "How do these ideas that sound so good get perverted and end up harming people living in poverty...
Murphy has said that the difference in this year's team is speed, more than he's seen while at Harvard. It just makes you wonder why he isn't using it when the dam is breaking at the corner of the defense...
...dam has burst. Yasser Arafat today accused the Israeli government of an "act of war" and urged Palestinians to "prepare for battle". The Palestinian president's sabre-rattling came in an interview with Israeli daily Yedioth Ahronoth, which quoted him as saying that "Netanyahu has declared war on us and we have to prepare for what will come. The situation is serious...