Word: haven
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Dates: during 2000-2009
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...There's $2.9 trillion circulating in the world's markets every day, less than 2% of which goes to provide goods and services to humanity. The rest is one big casino, making money off money or losing money off money. We have a culture where we spend what we haven't earned to buy things we don't need to impress people we don't like, and now the situation is such that we are being drawn to find the real meaning in our lives. When we shift from consumption to relationship, then we will be doing what Jesus would...
...There are a handful of midsize banks that a lot of investors feel like we should have heard from by now about TARP," says Kevin Fitzsimmons, a bank analyst at investment firm Sandler O'Neill. "But we haven't, and there is a growing sense of unease about...
...Hedge funds restrict themselves to extremely wealthy investors who understand the risks involved and who can hypothetically absorb occasional big losses. In return, the industry has largely been exempted from the regulatory and disclosure requirements imposed on more common mutual funds. But hedge funds haven't just been the domain of the ultra-rich. Other pools of wealth, including university endowments and public pension funds, have put their money in so-called funds of hedge funds, which spread risk by investing in a portfolio of hedge funds and hence are considered safer. But since hedge funds are doing badly...
...Family Values The Hospicio De San Jose is a hushed haven from central Manila's crushing heat and traffic. Inside the orphanage's dormitory, Sister Socorro G. Evidente points through a window to Pauline, a 2-year-old napping in the dark, thumb in mouth. When she was a week old, Pauline was left by her mother, who said she was going to work in Dubai. She never came back. Some mothers, Evidente says, "do not even bother to send any money for their kids ... The children grow up feeling like they're really abandoned...
...David Strunce, told Congress last spring that the raw material comes from "government-regulated slaughterhouses." But that regulation, farmers in Jiangsu told TIME, is haphazard at best. And if the slaughterhouses are haphazardly regulated, the small heparin-processing businesses--hundreds of them across the country--are virtually unregulated. "We haven't ever had the government come and inspect our operation," said a processor in Jiangsu whose given name is Chang and who didn't offer his family name...