Word: havener
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...haven't we seen more evidence of this yet? I think the media hasn't put it together, but it actually is starting. The default rate for the past 12 months is roughly 12% - that's very high. Half of those companies that have defaulted, according to Standard & Poor's, had some type of private-equity involvement in their corporate life. A lot of those are PE-owned companies, ranging from Chrysler to the Tribune Company to Simmons Bedding. We've already seen the tip of the iceberg...
...existing home was $143,600 in 2000. Today the median is nearly $175,000. But remember, millions of Americans splurged for homes in the middle of the decade when prices were high: in July 2006 the median selling price peaked at $230,300. If you bought then - assuming you haven't lost your house to foreclosure - your home has lost some 25% of its value. Nothing to cheer about there.(Read "Facing Foreclosure in Tampa...
...HAVEN, Conn.—There had been a few flashes of hope, but for the majority of the game, Harvard had been unable to finish. In one play, all of that changed...
Like its football counterparts in New Haven, the Harvard men’s swimming and diving team needed a rally to get the victory, as the Crimson defeated Columbia, 167-133, in New York...
Specifically, a significant amount of troop reinforcements must be sent to the Afghanistan-Pakistan border. The Northern Pakistan region has become a safe haven for insurgents, allowing for a crisscrossing of men and supplies. The porous border exacerbates the problems caused by insurgents in Afghanistan and adds to the peacekeeping woes of nearby Pakistan...