Word: doneness
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...Your dedication to your children reads, "If you don't want to see it in print, don't do it." Is that a threat? Have you talked about doing another book? Oh no, no, no. I'm done. I was writing about a period of their lives of which they have no memory. This book is like a little document that fills in a gap in their lives that they would otherwise know nothing about. The two that can read have read it - it's like they're reading about Martians; they don't [remember] any of the stuff they...
...Lockhart, for his part, agrees that a breakup may be the answer. But no matter what is done, Lockhart believes that fixing Fannie and Freddie is essential to fixing the real estate market. In his speech, Lockhart said, "It is crucial that we get the restructuring done right for all present and future homeowners and renters...
...turning around the two troubled giants to Lockhart, who was formerly the chief operating officer of the Social Security Administration. He says he meets with senior executives of both companies once a week; his staff interacts with Fannie and Freddie every day. Lockhart believes that the government has done a better job of running Fannie and Freddie than the bottom lines of the two companies suggest. Most of the losses suffered by the mortgage giants, he notes, resulted from mortgages that Fannie and Freddie backed before they were taken over. Furthermore, part of the mandate of the current conservatorship...
...Defining the parameters of this new normal is not something that can be done with pinpoint precision. I started paying attention to the news (and subscribing to TIME) during another period of economic turmoil, the late 1970s, and soon became convinced that I would never know a world in which gas was affordable, inflation wasn't in double digits and jobs were anything but scarce. Then the 1980s and '90s happened. So there is a danger in extrapolating present conditions to the future - and the U.S. economy has a wonderful penchant for surprising us all to the upside...
...Last year I had an affair. I violated the vows of my marriage. It is the worst thing I have ever done in my life. If there was ever anything in my life that I could take back, this would be it." - Reading a prepared statement (June...