Word: grimmer
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...risen every month since the middle of 2007, according to FirstAmerican LoanPerformance, which tracks the mortgage market. As of August, nearly 3% of all home loans were in foreclosure, and a further 6% were more than 60 days late on their mortgage payments. But the picture is far grimmer among subprime borrowers, those with less-than-perfect credit: As of July, nearly one-third of those borrowers were more than 60 days late on their mortgages. All told, some 6.5 million families will lose their homes to foreclosure in the next few years, according to the projections of financial firm...
Greenberg's daughter lost her mind. Elizabeth McCracken's son never had time to find his. He died in her womb when she was nine months pregnant. There can be few grimmer topics for a book than a stillborn baby, but I'll say this for McCracken's memoir, the unwieldily titled An Exact Replica of a Figment of My Imagination (Little, Brown; 192 pages): it's the funniest book about a dead baby that you will ever read...
...seemed impervious to the American sub-prime mortgage mess. That view is reflected in a grim joke making its way around Wall Street and the City of London about the options left for laid-off bankers: "It's Dubai, Mumbai, Shanghai, or goodbye." But the reality may be even grimmer. In fact, Dubai and the other oil-enriched regions of the Arab world aren't quite the safe havens they once were. Western and Middle Eastern markets are more closely intertwined than they were during the 1970's oil boom. But recently, Arab exchanges have been hit with a double...
...preferred art-film mode is dour minimalism, in which glum folks surrender to cosmic torpor in front of a static camera. Even as the pulse of world entertainment, from pop movies to video games to YouTube clips, is revving up, the pedigreed European film is getting slower and grimmer...
College prospects for working class students may appear grimmer than previously anticipated. The U.S. Department of Education’s Advisory Committee on Student Financial Assistance predicted in its September 2006 report that between 1.4 and 2.4 million bachelor’s degree candidates would be dissuaded from pursuing their degree by financial strains. But in an addendum this week, the Committee said that their estimation was based on a predicted college enrollment rate and patterns that were incorrect. “Between 1992 and 2004, a major shift in enrollment away from four-year colleges occurred among college-qualified...