Word: drops
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Dates: during 2000-2009
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...Capital cushion: JPMorgan has $23 billion in its rainy-day fund for such losses. Not enough. Shareholders' equity will drop to $121 billion, from the current $167 billion...
...sales are not growing any more. As a matter of fact, they are shrinking and the drop is accelerating. Hewlett-Packard (HPQ), the largest manufacturer of PCs in the world said that its revenue from notebook PC sales dropped 13% in the last quarter and desktop revenue fell 25%. It is likely that results from Dell (DELL) will not be any better when it posts its quarter. Wall St analysts are starting to say that their surveys of retail outlets even show Apple Mac sales slowing...
...allowing current owners to stay where they are is that they will never really "own" a home. They will remain in houses where they are very unlikely to be able to pay off the principle. These residences will not be released into a market where prices continue to drop very rapidly because there are no government programs to keep the housing prices at or near current levels as people are pushed out of work. If enough people lose homes, some of them will at least have the opportunity to buy property that they can afford, property which has reached...
...taking off their pants. Dimitry A. Doohovskoy ’09, Eliot HoCo Co-chair, organized a “Pants-less Dining Experience” for the residents of Eliot House last Thursday. In a vehement e-mail over the Eliot House list, Doohovskoy instructed Eliotites to drop trowsers “when the 6 o’clock signal is given” to promote “Eliot anti-interloper Solidarity”. “Animosity is sometimes another word for jealousy,” said Doohovskoy, brushing off the possibility of the pants-less protest...
...recent drop in oil prices poses the most immediate threat to the government budget in Iraq, where public-sector spending fuels almost the entire economy. With oil prices lower, Iraq expects to run a deficit this year of roughly $20 billion, which could be covered by the nation's existing cash reserves. Once that money is gone, however, Iraq will be in the same position as many countries facing a cash crisis around the world at the moment - but with added problems unique to a country rich with oil but troubled by the legacies of wars...