Word: drain
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...dismembered bodies were pulled out of a storm drain in Noida, an affluent suburb of New Delhi, beginning Dec. 29, residents of the nearby Nithari slum looked on in horror. But their revulsion quickly turned to grief and anger when it emerged that the dead-six boys and 11 girls and young women-hailed from Nithari and were victims of a serial killer. Residents of the slum had repeatedly warned the police that a murderer appeared to be operating in the area, and distraught parents say they had implored the authorities to help search for their missing children-only...
...scene of the horrors: the slum village of Nithari, an island of poverty surrounded by one of Delhi's most successful suburbs, Noida. On Dec. 29, body parts from 17 young women and pre-pubescent boys - one as young as three years old - were unearthed from the storm drain of the residence of a wealthy man on the border of rich Noida and impoverished Nithari. Plastic bags full of clothing were buried in the back yard of the three-story home. Fragments of human bones and burnt flesh were found in an oven on the top floor...
...question is whether something could happen in 2007 to drain away this liquidity. For most investors and policymakers, the nightmare scenario remains that of the post-1929 Depression, when a stock-market crash was followed by a spectacular wave of bank failures and a massive monetary meltdown. However, by blaming the Hungry Thirties on blunders by the Federal Reserve, we reassure ourselves that history couldn't repeat itself. Today's central bankers are smarter. But history provides an example of another liquidity crisis that went far beyond what central banks could cope with. Until the last week of July...
Could such a "great drain" happen again, sucking liquidity out of the international financial system? Many experts would dismiss the idea as mere doom mongering. A full-scale war, they say, is one of those "10-sigma" (10 standard deviation) events that are so rare they lie outside the domain of risk management. Like an asteroid hitting the earth or a global influenza pandemic, a really big war belongs in the realm of uncertainty. You just can't price...
...ECAC) saw its share of first place in the ECAC slip away Friday night with a 4-1 loss to No. 5 Dartmouth (11-3-1, 10-1-0) in Hanover, N.H. “At this point, some of us are experiencing the physical and mental drain that comes with a rigorous schedule and a rigorous academic schedule,” Harvard co-captain Julie Chu said. “It will be nice for everyone to go home and get some rest but we also need to maintain [our rhythm]...so that we don’t come...