Word: generousity
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...believe bonds like Jupiter are worth 40% less than what was paid for them, or 60¢ for every dollar invested. But given how many of Jupiter's bonds have gone bad, you could just as easily guess that it is worth 41¢ on the dollar. And that might be generous. A top bond trader who looked at Jupiter for TIME said that on the basis of where loan defaults are headed and the loans Jupiter holds, even the best part of the bond could be worth as little as 5¢. A near total loss...
...turning that research into reality was not just generous government aid, but the fact that Denmark stayed with it. While countries like the U.S. let tax credits for renewable energy wax and wane, smothering infant green industries in the crib, Denmark looks to the long term. In the 1990s, the government inaugurated tariffs that required utilities to offer 10-year fixed-rate contracts for wind power. That sort of security led to a rapid expansion of wind power at home - the country has more than 5,200 turbines producing in excess of 3,100 MW of electricity - and helped firms...
...know times are tough when spare change from a few generous strangers stands between you and financial ruin. But Atlanta's embattled Morris Brown College will take what it can get. Dimes and quarters trickled into the school's coffers last week as part of an outpouring of community and alumni generosity that allowed the college to appease its debt collectors and keep its doors open - at least for another month...
...staffer working in an academic department said that the current package is not generous enough to appeal to staffers below the cusp of retirement. Of the 516 FAS staffers who are eligible for the program, only 87 are 65 years of age or older, according to the package...
...brain is a very energy-intensive organ, one that requires a lot of calories to keep running. When food intake is cut, the liver steps into the breach, producing glucose and sending it throughout the body - always making sure the brain gets a particularly generous helping. The liver's reserve lasts only about 24 hours, after which, cells begin breaking down the body's fats and proteins - essentially living off the land. As this happens, the composition of the blood - including hormones, neurotransmitters and metabolic by-products - changes. Throw this much loopy chemistry at a sensitive machine like the brain...