Word: hood
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Look under the hood of a bond called Jupiter High-Grade CDO V, and you can understand why we're in trouble. Bankers from the 1970s, when mortgage bonds first took off, would hardly recognize Jupiter. Unlike a traditional bond, Jupiter's underwriter does not buy people's mortgages, collect the payments and pass them on to its investors. Instead, Jupiter holds other mortgage bonds--and not just any. Jupiter's investments are made up of the riskiest portions of other bonds, some of which are themselves a collection of other poorly rated mortgage bonds. In a rising real estate...
...smile, that evil cancer stick dangling from his pretty mouth, coercing impressionable children everywhere to smoke. This book is almost certainly about all the wrongdoing Reagan perpetrated while he hid behind his coy grin and dashing good looks. From Iran-Contra to Reaganomics to introducing crack cocaine to the hood (alright, maybe he didn’t really do this, but damn if he doesn’t make a good scapegoat), there’s plenty of fodder for new age liberals to hate. I mean, the guy revolutionized conservatism, and did it with a smile. My guess...
...gold, silver and bronze medals. Not everyone took the event very seriously. One especially snarky USA Today columnist called the X Games the "Look Ma, No Hands Olympics," adding, "Apparently - and it's possible I'm misinterpreting a cultural trend here - if you strap your best friend to the hood of a '72 Ford Falcon, drive it over a cliff, juggle three babies and a chain saw on the way down and land safely while performing a handstand, they'll tape it, show it and call it a new sport...
...from responsibility. Two weeks in the first grade of the Chadds Ford school made Andy "nervous," so his father generously took him out and supplied a tutor until he was 16. He grew up like Peter Pan, a prisoner of fantasy. "As a kid," he says, "I adored Robin Hood, D'Artagnan, and"-he adds innocently-"Dracula." N.C. designed an immense castle, which his eldest son, Nat, built for the children's playroom. Andy became its lord and staged jousts within its battlements...
Andy spent at least two years half believing that he was Robin Hood. In a green hat and a phony blond beard, he romped the woods with Little John, a Negro playmate named David ("Doo-Doo") Lawrence, and a band of merry youngsters. Sometimes they would swoop down on a wealthy noble, such as the grocery boy, and back in the forest they would picnic on robbed riches. Another childhood chum was Vincent T. ("Skootch") Talley, who, before he died this month, recalled that Andy's greatest thrill was a mock re-enactment of the battle of Brandywine...