Word: facedness
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In more than two-thirds of the deals, German cities insured their assets with AIG or Lehman Brothers. So after those two pillars of U.S. finance crumbled, German cities suddenly faced the risk of having to make huge payments - taken together, as much as €30 billion ($40 billion), according...
Back in 1983, when Social Security last faced deficits, Congress approved a set of Social Security reforms that included a graduated hike in the payroll tax and an increase in the retirement age. Thanks to those changes, payroll-tax receipts surpassed benefits in 1985, and the system has been operating...
Any international athlete who arrives at Harvard knows that there are a lot of changes to deal with. There’s the distance from home, new foods, a new academic environment, and for some, fellow classmates who say, “O.M.G. I love your accent!�...
Sean Dennehy, 39, and Don Burke, 43, used the Andrus paper to push the idea of an intelligence-community wiki on their superiors at the CIA. They didn't get very far until the then newly organized Office of the Director of National Intelligence concluded that the idea had potential...
While that number isn't staggering - UNAIDS estimates that 33 million people are living with HIV worldwide - the potential for things to get worse is alarming. As the world's most populous nation, the upswing in the epidemic is of great concern, Schwartländer says. While HIV/AIDS became a...