Word: dropping
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...case for mortgage-backed securities. In the housing market, prices are dependent on the surrounding area. A firm can attempt to mitigate this problem by slicing up mortgages and repackaging them in complex financial instruments like collaterized debt obligations, but the risk persists. If enough houses drop in value, others will follow, and this domino effect is the current housing crisis...
...Investors who own airline stocks have seen the shares of some of the largest carriers drop by more than 80%. The speculation that two more large American carriers will have to merge to save money has resurfaced for the first time since $147 oil drove up jet fuel costs last year...
...many Harvard classes, students benefit from the chance to drop a dismal midterm or wayward problem set. Unfortunately for Crimson baseball, there is no such provision for a single devastating inning. Harvard (7-20, 5-3 Ivy League) allowed six runs in the second against Bryant University (24-9) in an 8-2 defeat yesterday during an otherwise even contest in Smithfield, R.I.The Crimson could not muster much of an offensive charge against Bulldogs senior starter Dan Lozeau, who strung together an effective 5.2 innings, yielding two earned runs on seven hits.“We had a few opportunities...
When the statistics showed a drop in piracy attacks off the coast of Somalia early this year, shipping companies and the foreign navies patrolling the Gulf of Aden thought they might finally be winning the battle of the Indian Ocean. But the past few days have proved that any talk of "mission accomplished" is premature...
...There are several reasons for the spike in attacks. For impoverished Somalis, who appear to be behind most of the attacks, massive ransom payouts in recent months have proved that the piracy trade is perhaps their best route out of despair and hopelessness. It now appears that the earlier drop in attacks had more to do with the weather than with the international show of force. "There are new pirates all the time," Abdi Timo-Jile, a pirate himself, told TIME from his home in the central city of Garowe. "We people are not afraid. There is death every...