Word: fallenness
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...instance, the government completed its initial investment of $25 billion in Citigroup in late October. Back then, a preferred share similar in type to those purchased by the government was trading at $15.60. Since then, the shares have fallen 12%, to a recent $13.67. To figure out the total return of Treasury's portfolio, TIME compared the returns of an index that tracks financial preferred shares with the dates on which Treasury made its investments. All told, in about six weeks the Treasury Department has lost an estimated $16 billion, or about 10% of the money invested...
...example, or an SUV club if you work for Greenpeace). Whatever the strategy, the person holding the cash has to adhere to the rules, no matter what - which is not always easy. A behavioral economist, after all, doesn't have to live with the glowering family member who's fallen off the wagon and is demanding a refund...
Last week, Harvard announced that its endowment—the largest in higher education—has fallen 22 percent from its June 30 value of $36.9 billion, marking the endowment’s largest decline in modern history...
...price-driven," says Bob Cotton, CEO of the British Hospitality Association, which represents 60,000 hotels and restaurants in the U.K. "I couldn't say the British public have suddenly fallen in love with offal. That would be gilding the lily...
...same period, the Standard & Poor’s 500 index fell 24.6 percent. The index has fallen an additional 9.6 percent since then...