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Word: graspings (lookup in dictionary) (lookup stats)
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...That's true, but the problems have now spread way beyond them. Those predicting that the housing hiccup wouldn't be a big deal - what's a few hundred billion in crummy mortgage loans compared with a $13 trillion U.S. economy or a $54 trillion world economy? - failed to grasp that possibility. It turned out that Wall Street's greed - and by Wall Street, we mean the world of money and investments, not a geographic area in downtown Manhattan - was supplemented by ignorance. Folks in the world of finance created, bought, sold and traded securities that were too complex...

Author: /time Magazine | Title: How Financial Madness Overtook Wall Street | 9/18/2008 | See Source »

...moral shortcomings. If anything, we now succumb to the opposite temptation. Mediocre writers like Solzhenitsyn are spuriously aggrandized for their reputations as modern-day saints. The case of George Orwell provides a useful counterpart. An ultra-earnest author of wooden allegories, Orwell wrote clumsy prose with little grasp of character or style. But he had the moral lucidity to write passionately and unequivocally about the definitive issue of his time: the unmitigated evils of totalitarianism, in both right and left-wing guises. Solzhenitsyn, too, earned widespread acclaim as a great novelist not for any virtuosic abilities, but for the penumbra...

Author: By David L. Golding | Title: Mourning Alexander Solzhenitsyn | 9/14/2008 | See Source »

...came to Oxford equipped with a much more complete road map of what he wanted to do," says Guy Spier, who also attended Sinclair's tutorials and now runs an investment firm in New York. He remembers Cameron as an outstanding student: "We were doing our best to grasp basic economic concepts. David - there was nobody else who came even close. He would be integrating them with the way the British political system is put together. He could have lectured me on it, and I would have sat there and taken notes and learned how British politics was put together...

Author: /time Magazine | Title: David Cameron: UK's Next Leader? | 9/11/2008 | See Source »

...both miss a larger point that their leader Fini had finally seemed to grasp about the "absolute" lessons that must be drawn from history. As Venice mayor Massimo Cacciari said after La Russa's remarks: Nazi soldiers also believed that they were defending their nation, and no German politician would think to praise their efforts...

Author: /time Magazine | Title: Was Mussolini Misunderstood? | 9/10/2008 | See Source »

...contributions include co-founding the nation's first lesbian organization--Daughters of Bilitis--and the first lesbian newspaper, The Ladder. But perhaps the memory I hold most dear is witnessing her legal marriage to Phyllis Lyon, her partner of 55 years, on June 16. I can't quite grasp a life and career without Del, and I am heartbroken for Phyllis, who for 55 years made a vibrant life with Del. My pledge is to honor her unsurpassed legacy by working every day to keep alive her vision for full equality and justice...

Author: /time Magazine | Title: Del Martin | 9/4/2008 | See Source »

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