Word: failed
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...mortgages and develop mathematical models for the cash flows they would produce well into the future as homeowners made their monthly payments. These pools were cut into tranches with each tranche carrying a probability of how many mortgages in it would pay out to maturity and how many would fail. After these calculations were made, they were sold to banks, brokerage firms, and other financial institutions as high-yield paper. The major credit agencies gave these securities "Aaa" ratings based, in part, on the fact that nationwide home prices had not dropped in any year since The Great Depression...
...Schuster, who lives in one of the state's most densely populated areas, she says she's not sure when life will return to normal. On Sunday, the traffic lights in her neighborhood were not working (she's seen several drivers fail to stop at intersections) and she had not been to work in a week (she was told by her clinic to remain at home, rather than risk the icy, treacherous drive into work). That's the same message that went out to Louisville's public school students; classes for the remainder of last week were called...
...lacks both narrative credibility and discernible substance. The result is that a nation with so many challenges and so vibrant a film culture produces so many movies that feature meaningless plots punctuated only by feel-good song-and-dance routines. Indeed, it’s not that the movies fail to penetrate the surface—it’s that they don’t even capture it. And so it has fallen to talented British producers to make movies that actually bring India to life, as the estimable Richard Attenborough did in 1982 when he made Gandhi...
...need for speed and the need for change. There is trauma surgery, and there is transplant surgery; one usually takes a lot longer than the other, and you'd be insane to try to do both together. So I wondered why he seemed to set himself up to fail, insisting that lawmakers do something very big, very hard, very fast, and in a whole...
...immediate past, at least as far as risk went. Turns out it didn't. All it was going to take was a worse-than-average recession - and it looks as though we've got one - and many banks, including a number of the biggest ones, were bound to fail. The shockingly poor lending standards - housekeepers being approved for million-dollar mortgages - have only hastened their demise. "This crisis needs to be understood as something that has developed over the past decade," says Joseph Mason, a finance professor at Louisiana State University's E.J. Ourso College of Business. "This...