Word: happening
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...investments, just in case AIG went belly up, leaving assets held by AIA in limbo. Aee was well aware that the U.S. Federal Reserve had extended an $85 billion lifeline to AIG several hours before. But the news did little to calm his nerves. "I never thought this would happen to AIG," said Aee, shaking his head in amazement...
...bank that holds your mortgage goes belly up, your loan, along with all the others it made, will be assets in a bankruptcy proceeding. What's most likely to happen is that some other bank will come along and buy the loan, and then you'll have mail your mortgage payments to a new address...
...asked Goldman Sachs and JPMorgan Chase & Co. to try to arrange a $70 billion private loan for AIG, but that didn't go anywhere. Treasury officials mulled a government conservatorship as with Fannie Mae and Freddie Mac, but it might have required an act of Congress to make that happen. So the Fed devised a deal in which AIG agrees to repay the loan with asset sales and give the government (and thus taxpayers) a 79.9% equity stake in the company...
...with silver medals around their necks.“There are really no words to describe it,” Cross said. “It wasn’t something I really thought was possible. At the time, I didn’t think it was going to happen. It was the best day we could’ve possibly had. It was unbelievable.”So what are Mills and Cross going to do after a gap year capped off by reaching the biggest event in all of sports? Come back to Harvard to learn and compete...
...fact that the Advising Programs Office has jokingly called Gen Ed the “same thing” as the Core is insulting to the designers of Gen Ed and those students forced to study under it. The transition between the Core and Gen Ed needed to happen quickly, and it did not. Upperclassmen left behind now find themselves scouring the course catalog and petitioning the Core office to find feasible options to complete remaining requirements. Forcing students to choose between a handful of obscure Core courses (with some exploring duplicate topics) to meet a requirement is unfair...