Word: gaps
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Mortgage REITs make money through spreads: the wider the spread - or gap - between funding costs and yields on mortgages they purchase, the bigger the profit...
...second stimulus package focused on a jobs program. "If we passed a $200 billion jobs bill, that could create roughly 4 million jobs paying between $40,000 and $50,000," she says. "Four million temporary public sector jobs, for a year or two in duration, would bridge the employment gap while the economy recovers." Voting against the $787 billion measure, GOP Senator Lindsey Graham of South Carolina said, "There are so many things in the package completely unrelated to creating a job in the next 18 months." Only 11% of stimulus money was targeted toward infrastructure, and less than...
Jeffrey Kluger's "Moon Walkers" left me with a new appreciation of our astronauts [July 27]. It was carefully researched and beautifully written and filled in the gap in my knowledge of the lives of these men after their missions. Kluger's last paragraph on the "enduring legacy" of the 24 men's unique "comradeship" will stay with me. They are more human and more heroic than I ever imagined. Gerry Mandel, ST. LOUIS...
Over the Moon Jeffrey Kluger's "Moon Walkers" left me with a new appreciation of our astronauts [July 27]. It was carefully researched and beautifully written and filled in the gap in my knowledge of the lives of these men after their missions. Kluger's last paragraph on the enduring legacy of the 24 men's unique comradeship will stay with me. They are more human and more heroic than I ever imagined. Gerry Mandel, St. Louis...
...Alves saw pictures of the Harvard Yard clothes on the Perez Hilton blog, and said that the designs seemed especially off-putting. "I think people nowadays at Harvard shop at preppy stores like J. Crew, Gap, and Lacoste, and they don't look like people in Harvard Yard photos," she said. "The clothes seem older, and more connected to the 1950s. Harvard could have done a better job of making the clothing seem less old-school. If Lacoste can do it, I don't see why Harvard can't. Maybe they could add in more color...