Word: grounde
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...problem is that CDOs were untested; there was not much history to suggest CDOs would behave the same way as AAA corporate bonds. After all, the last few stress-free years have not exactly provided much of a testing ground for what can go wrong - until, that is, subprime mortgages started their death march. Suddenly, investors realized things can actually head south in a big way, even stuff completely unrelated to CDOs. Like your stocks...
Some 38,000 Afghan soldiers have been trained by U.S. and coalition forces since 2003, and many already accompany NATO troops on the ground. The U.S. and the international community have launched an ambitious plan to nearly double the size of the Afghan National Army (ANA), to 70,000; to build a fully functioning police force of 82,000; and to lay the groundwork for a National Afghan Air Corps by December 2008. But building a strong army in the middle of a war is a difficult undertaking. Much of the Afghan corps is young, illiterate and prone to desertion...
...become an essential part of regaining the faith of the public. "All this anger about civilian casualties by foreign forces--it's just like Baghdad before everything started going downhill," says a Western official who has spent time in both countries. Because of a shortage of ground troops, the U.S. and NATO have relied on heavy and imprecise air strikes and artillery fire against the Taliban. Afghan forces, on the other hand, understand local culture and can live within communities, gathering intelligence and establishing security. "Every Afghan soldier that can fight effectively reduces U.S. boots on the ground, earns critical...
...current air traffic control system in the U.S. uses radar technology from the 1950s that makes for inefficient routes and dangerous conditions during storms. Planes must fly a specific flight path so that they can be guided by air traffic control centers stationed on the ground. One cross-country flight, for example, could pass over two dozen air traffic control centers. Radar also takes up to 36 seconds to get an accurate read on a plane's position...
...that the Manganos thought it better to offer shelter to residents rather than put them through the trauma of evacuation, and that they were so confident that the nursing home was safe that they extended the offer to staffers and their own family members. The nursing home sat on ground that did not sustain heavy flooding during Betsy, the 1965 hurricane that swamped much of St. Bernard Parish, and in fact appeared to have escaped Katrina's fury moments after the storm passed - until breached and overtopped levees sent a torrent of water through the parish...