Word: holdings
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...viewers nauseous, but having anything move quickly into your field of vision in the water is startling. Mostly the technology succeeds, however, not because it makes you feel you're underwater so much as that you're no longer on solid ground. At several points, you almost want to hold your breath. (See photos of life beneath Antarctic...
...looking for a particular spark. I started with Eliza in this case, and so it's great to have that key player in place, because you're also looking for differences. You're looking for different energy - I always think of it for some reason as people holding a quilt. Everybody's got hold of a different end, and they've really got to stretch it taut. You don't want two people who perform the same function...
...Implementation is the most difficult part of this proposal. While many financial institutions would immediately discount the plan, ultimately persuading them to accept it is not unreasonable. It is true that for those institutions that hold physical mortgages, their maximum potential profit will go down. For a 30% decrease in principal, the math works out to some $3 trillion potentially lost on residential mortgages as of mid-2008, according to the Federal Reserve. But if Americans keep defaulting on these mortgages and asset values continue to crash, the total loss to the financial world will be far greater than...
...only banks that could legitimately lose on this are those that hold nothing but good mortgages or tranches of good mortgages, with no bad assets. Since the Troubled Asset Relief Program has attracted such interest from virtually every bank, we can conclude that such good-mortgage banks exist only in small numbers...
...pushed to institute a mandatory loyalty oath and advocates stripping anyone who refused to sign it of their right to vote or hold public office...