Word: debts
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Dates: during 1990-1999
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...panic selling sent the stock market plunging and plunging, and it ended the week worth half as much as it was a year ago. Even before the bubble popped in Thailand, South Korea and Indonesia, Boris Yeltsin's government was living dangerously. It was juggling $150 billion in foreign debt, running huge budget deficits and resorting to a kind of pyramid scheme in which it was selling new treasury bills to pay interest on those it had sold earlier...
...fact, that the big bands sounded like him, their featured improvisers took direction from him, and every school of jazz since has had to address how he interpreted the basics of the idiom--swing, blues, ballads and Afro-Hispanic rhythms. While every jazz instrumentalist owes him an enormous debt, singers as different as Bing Crosby, Billie Holiday, Ella Fitzgerald, Sarah Vaughan, Frank Sinatra, Elvis Presley and Marvin Gaye have Armstrong in common as well. His freedom, his wit, his discipline, his bawdiness, his majesty and his irrepressible willingness to do battle with deep sorrow and the wages of death give...
...Glimp told the young Salvador Dali, "I like the watches, but why are they all so hard? A watch should be soft." Later that day, he bumped into Henry Miller and startled him by shouting, "Your stuff is boring! Get some sex into it!" Once asked about Cubism's debt to Glimp, Picasso angrily replied, "No! No! He did rectangles, he did hexagons, maybe once or twice a polyhedron, but he never did a cube...
Naomi Richman of Moody's Investors Services, an expert in college investment strategies, says $10 million is a large amount of money for Radcliffe to take from its endowment. But she adds that Radcliffe's low debt and large endowment should allow it to stay afloat--at least...
...crucial matter of financial aid embodies every negative stereotype that those outside of Harvard associate with our fair University. It is arrogant, selfish and snide. The University coddles its funds, running capital campaigns to build extra squash courts while throwing its students (even the squash players) into ungodly debt...