Word: defaulting
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...semifinals against Zimpfer. Torres battled Zimpfer for three close sets--6-7 (7-3), 6-1, 7-6 (7-2)--but an ankle injury hampered her performance and left her a few points shy of the victory. The injury was so severe that she was forced to default her match for third place yesterday...
...second doubles flight it was again an All-Harvard battle for seventh. Chai and J. Kim defeated Hiniker and K. Kim 6-1, 6-1. At third doubles Clapp and Granderson won by default over Reiss and Hohne, for seventh place...
...toward balancing the budget. But even if both sides can avoid that crack-up, which they probably will, the Republicans have started threatening a far bigger disaster: unless the President signs on to the G.O.P. schedule for balancing the budget, the Republicans are threatening to allow the U.S. to default on its debts, with all the ensuing market chaos it would create...
...trading floor is a large room with desks tightly packed all through it and has males sitting elbow to elbow, each with a computer and telephone. It was not only the complete absence of women that by default created a male-dominated culture, but also the atmosphere that said "women stay out." The lack of women was disturbing by itself, but the behavior the men exhibited was worse than I could have imagined...
...Moody's Investors Service called the county's behavior "outrageous and unprecedented." Says Zane Mann, publisher of the California Municipal Bond Advisor: "People are saying, 'Screw them. I'll never buy another Orange County bond as long as I live.'" This anger has larger financial implications. An Orange County default could push up the interest rate on all munis, so that taxpayers everywhere would be forced to pay more to build a school or a road...