Word: equalate
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...justice appointed by a conservative Republican governor - methodically eviscerates one argument after another that for decades has been used to keep marriage the sole preserve of straight couples. "This class of people asks a simple and direct question: How can a state premised on the constitutional principle of equal protection justify exclusion of a class of Iowans from civil marriage?" Justice Mark S. Cady asked...
...true power of the decision lies not in its equal protection analysis, though it is rooted there. Instead, what sets this decision apart is the frank way in which it raises the issue of religious objections to gay marriage. As the Supreme Court did in Lawrence v. Texas, its seminal 2003 ruling striking down sodomy laws, the Iowa court says that mere moral opprobrium or deeply held values are not enough to warrant legal sanctions or the denial of legal rights. The court then subtly raises the issue of religious opposition to gay marriage, even though the legal briefs...
...simpleton's answer as to why that is true is that the price of oil is too low and that oil stocks trade with the price of oil. Since oil firms have complex structures that combine sales from exploration and refining, not every company in the sector is created equal. That point aside, oil stocks did remarkably well when crude was $147 last July...
...have to bring those loans back on their books by the end of this year. The biggest fear is that banks will start recording losses from these loans that investors weren't expecting. There's a second problem related to shadow assets: Regulators say that banks must hold capital equal to at least 5% of their assets to be considered healthy. Citigroup, to take one example, has about $850 billion in special purpose entities. That means to reincorporate those assets by the end of this year, Citigroup will have to come up with $42 billion in new capital - money that...
...February, the University announced its early retirement incentive program for staffers at least 55 years of age and who have worked at Harvard for a minimum of 10 years as of June 30 of this year. Those who take the package will receive one-time pension benefits equal to their annual salaries, reduced by any severance packages they had been entitled to receive.—Staff writer Esther I. Yi can be reached at estheryi@fas.harvard.edu...