Word: defaulting
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...second day, Jantzen’s run was halted by fifth seed Dan DeClore of Iowa in a close match in which the freshman fell short by a point. Jantzen then lost his next match by fall and forfeited the fifth place match by medical default, finishing sixth as a result. Junior co-captain Louis Caputo (184 lb.), seeded fourth, had a rough start to the tournament, losing by fall to Derek Ross of Nebraska-Kearny in just 51 seconds, banishing him to wrestlebacks. The veteran recovered, however, to record six straight victories over a two-day span, including...
...G.O.P. favorite, and yet a year ago the presumptive front-runner - crash-landed his campaign this summer and is only now showing signs of an unlikely resurrection. His friend Fred Thompson materialized in midsummer to catch McCain's crown, but he fizzled fast. Romney became the party's default darling, spending his way to the top of several polls. But now he too has taken hits for being slippery, and what counts as momentum has passed to Huckabee, a former Baptist preacher from, of all places, Hope, Ark. The way the recurring nightmare has been going, Huckabee is likely...
...despite all its newfound diplomatic adroitness, on a few sensitive issues the Beijing government seems to revert instinctively to its Maoist-era default mode. Last week China gave the world a series of demonstrations of that, in relation to two especially sensitive issues, Taiwan and the Dalai Lama...
...necessarily a bad thing to borrow money, and it's hard to say what the right debt ratio or savings rate might be. But Americans can't keep running up bigger and bigger debts forever. At some point we have to pay them back or default...
...hindsight, the housing market in the U.S. was a bubble." The cause? Superlow interest rates that encouraged lenders to offer loans to virtually anyone, even those with bad credit. Those loans were then bundled together into exotic derivatives and sold off to financial institutions worldwide; when borrowers began to default on their mortgages, money managers from São Paulo to Seoul suffered huge losses...