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Word: disasterous (lookup in dictionary) (lookup stats)
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As analysts scan the landscape they see a virtual Who's Who of battered luxury chains. "Saks and Neiman's sales are horrendous. Tiffany was down 27% in U.S. same-store sales last quarter, Bulgari was down 21%, Harry Winston sales were down 49%, and [LVMH Moet Hennessy] Louis Vuitton...

Author: /time Magazine | Title: Luxury Retailers Rush To Adapt: Chic Goes Cheap | 9/17/2009 | See Source »

Three main lessons present themselves. First, our complex financial system is awfully fragile. Second, government action is capable of keeping a financial panic from snowballing into a complete economic disaster along the lines of the Great Depression. Third, the government has - in large part because of its success in averting...

Author: /time Magazine | Title: Three Lessons of the Lehman Brothers Collapse | 9/15/2009 | See Source »

Some states, like Colorado, are launching new efforts to help the recently released find housing and secure other social services. California has allocated some $42 million for an entire re-entry facility - a former prison for women - where inmates within a year of release will get training and, if needed...

Author: /time Magazine | Title: Do Early-Release Programs Raise the Crime Rate? | 9/14/2009 | See Source »

'We really feel that we are the forgotten disaster.' GREG EYERLY, flood-recovery director for Cedar Rapids, Iowa, which is struggling to rebound from a June 2008 deluge that killed more than a dozen people in several Midwestern states

Author: /time Magazine | Title: Verbatim | 9/14/2009 | See Source »

And one of the areas of concern that the public has right now is government spending. Even though we've had a disaster economically and I think we took some very important steps, people are understandably distressed about the size of the debt and deficits, because they're saying to...

Author: /time Magazine | Title: Exclusive Interview: The Obamas on The Meaning of Public Service | 9/10/2009 | See Source »

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