Word: guaranteee
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A dozen rejections later, she went to dinner at a small steak restaurant in Arlington, Va., a “down and dirty 45-seat place with an open kitchen.” When the chef came to her table that night, McCulla explained her interest in cooking, one fostered...
Backed by a pristine credit rating and mountains of cash, bond insurers promise to repay principal and interest if an issuer cannot. By paying for a bond insurer's guarantee, cities and states can borrow more cheaply to build schools, bridges and roads. Here's how the bond insurers' troubles...
THE HOUSING BOOM As the housing industry flourishes, bond insurers expand to guarantee riskier, more complex debt, like subprime mortgages
A day after clinching the ECAC regular season title, the Harvard women’s hockey team showed once again why it has been so dominant in conference play this season.The Crimson (25-1-0, 20-0-0 ECAC) followed what has become its winning formula Saturday evening during its...
So is the Academy Award a long-term guarantee of a film's quality, a leading indicator of acting excellence? Not really.