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...resets that peaked in late 2007 and early 2008; the second is the upcoming wave of option ARMs, which don't hit their full reset stride until 2011. By the middle of next year, more then $10 billion worth of option ARMs will reset higher each month, according to data from mortgage tracker Loan Performance. That comes close to the figures we saw during subprime's height. (See the best business deals...
...natural talent for understanding how real astronomy works, how to handle data, and how to analyze observations,” Berger said...
During the summer, Kruse participated in the Program for Research in Science and Engineering while conducting his research. He also travelled to Princeton University to meet with some of the professors who conducted the Sloan Digital Sky Survey—a major project collating observational data about stellar objects...
...consumers. In addition, Representative Henry Waxman, chairman of the House Committee on Energy and Commerce, has launched an investigation into Anthem Blue Cross's parent company, WellPoint, and asked it to provide everything from internal e-mails about rate increases to a complete accounting of expenses and claims data. A congressional hearing on the matter is scheduled...
...make sense. In a bad economy, the people most likely to cancel their health insurance are healthy people; this leaves the remaining so-called risk pool less healthy, and therefore more expensive to insure. (Waxman, in a follow-up letter to WellPoint, asked the company to explain why data show that it had more individually insured customers in California in 2009 than in 2008. But it's not just the total number of customers that determines rates in a risk pool - the health of those customers also matters. It's also not surprising that more people are enrolling in individual...