Word: explain
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...investors alike to get as many securities as possible into the top ratings categories. The result is grade inflation, especially in new products like CDOs. That's how banks and investors around the world ended up owning billions of dollars in triple-A mortgage junk. It also helps explain the growth of bond insurers, companies that used their own triple-A ratings to bump ever more bond issues into the top categories--even as their businesses ceased to be triple-A safe...
Some scientists point to high testosterone levels combined with low monoamine oxidase inhibitors, which regulates dopamine. The role of testosterone may also implicate evolution. When giant beasts stalked the earth, men took big risks to hunt big game. That could explain why males seem more likely to take chances than females...
Arranged chronologically, "Babylon" unpacks some of the world's most iconic artifacts to explain the shifting motives of the city's rulers. By the early 18th century B.C., Hammurabi, the sixth King of Babylon, had used an aggressive military policy to conquer rival city-states and to establish Babylon as Mesopotamia's political heart. But Hammurabi was concerned about more than expansion, as demonstrated by the magnificent Code of Hammurabi stela, a 7-ft.-high (2 m) column of basalt upon which he inscribed 282 codified laws and punishments in cuneiform, the Babylonian script that predates even hieroglyphics. Although...
...Administrative Board of Harvard College Guide for Students. Practices vary from case to case—administrative petitions are typically handled by a smaller executive board, many cases are sent to subcommittees, and still others require the attention of the full Board. These multiple processes more than explain why it is so difficult for students to have a firm grasp of the current system. Says Matthew L. Sundquist ’09, the president of the Undergraduate Council (UC), “People have said that there might be something of a fine educational opportunity [in the Ad Board], which...
...Fallon and the Administration on Iran policy couldn't be erased, and that its "cumulative" impact had become a "distraction" that prompted Fallon to offer his resignation on Tuesday morning. "That's why I believe he has made the right choice," Gates said. The Secretary said he couldn't explain the persistence of this "misperception," or why it couldn't be eliminated. "We have tried to put this misperception behind us over a period of months and, frankly, just have not been successful in doing...