Word: ending
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...That idea, which has lingered on the outskirts of the housing-crisis debate, got a boost last week when the federal housing agency Fannie Mae said it would start offering leases of up to 12 months when other avenues to keeping families in their homes, like loan modification, dead-end. "It's a big step forward," says Dean Baker, co-director of the Center for Economic and Policy Research and a longtime proponent of rent-back programs...
...alternative to selling assets at cut-rate prices. "This is another tool to use, and it doesn't cost the government anything," says Representative Gary Miller of California, who has sponsored a bill to make it easier for banks to enter into long-term leases with tenants. (See high-end homes that won't sell...
...Have you thought about why do we do it? Why is there this huge splurge at the end of the year? Well, it's a bit of a puzzle. We don't do it with cash. Giving cash is very socially awkward. The exceptions are for parents to children, grandparents to grandchildren, aunts and uncles to nieces and nephews. It's O.K. for cash to flow from those of higher social status to those of lower social status, but [otherwise] it's just considered a tacky thing to do. Which makes the growth of gift certificates remarkable, because they...
...that his comments had been poorly translated (a feeble dodge once the Guardian noted that the interview had been conducted in English). Still later, Lellouche, who is perfectly fluent in English, explained that he had used terms like "autism" and "pathetic" in a flippant, colloquial French manner. By the end of last week, however, Lellouche took a significant step back, calling himself "the most Anglophile politician" in France and saying that he respects British sensibilities on Europe...
...room is at a gentle dim. A willowy model emerges from the darkness and stares intently into the still murky distance. A beat drops, piercing the silence. As the music gathers pace, she sets off, sashaying toward the cameras that await her at the end of the ramp. The lights swiftly brighten to a squinting glare. On either side, necks crane forward to scrutinize every inch of the finery on exhibition. As she pirouettes in front of a flurry of flashes, the crowd emits its approval: some rise to applaud; others roar as they sway to the music. Welcome...