Word: icebergs
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...Pricing plain-vanilla mortgage-backed securities (MBS), which are based on thousands of home loans, isn't easy. But MBS are only the tip of the troubled bank iceberg. Lurking below are bonds that are more complicated, and much more difficult to value. Among the most confounding are collateralized debt obligations (CDOs...
...August. In hard-to-reach areas, however, malnutrition is growing and the food supply shrinks. Daily food insecurity affects 40% of Haitian homes. In the small town of Belance, MSF discovered that 25 children have already died of malnutrition. "We fear that this is only the tip of the iceberg," says Dr. Henriette Chaouillet of the World Health Organization...
...care when uttering anything in a public forum; the efficiency with which throwaway statements are enlarged, diagrammed, and deconstructed would do the academy proud. Barack Obama’s reference in front of an Iowa crowd last year to the rising price of arugula (as opposed, one imagines, to iceberg lettuce or a nice thick T-bone) was touted by many as proof of his elitist disconnect from middle America. The official comment that John McCain was “aware of the Internet” was neatly transfigured into an image of the Republican as an old fogey hunt...
...abound. The same letter noted that on recent international exams, American 15-year-olds rank 21st out of 30 in science and 25th on math. Only 57% of black and 60% of Hispanic students in the U.S. graduate high school. And these figures represent only the tip of the iceberg for how many public schools are falling behind...
Kohler: One of the questions that bothers me is how, after nearly an hour, water starts coming from a boiler room way back from any of the damage that had occurred with the collision with the iceberg. What happened there? Other questions that John and I have are things like the crew. The crew was brand new to the ship. Did they know how to operate the pumps? There's the possibility that they actually hastened the ship's demise because of their inefficiency. In trying to get the water out, what if they actually pumped water...