Word: indebtedness
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Dates: during 2000-2009
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Acts like Joanna Newsom, Devendra Banhart, Hecuba, and Sufjan Stevens—a whole family of contemporary musicians of congenial tastes, really—are both obsessed with Karen Dalton and indebted to her. Bob Dylan called her his “favorite singer in the place” in...
The Sins of Our Fathers In response to the Sept. 22 article "Bailout Nation," wouldn't it be helpful to just call a pig a pig? In the article, no mention is made of the fundamental reason for this huge bailout of the mortgage industry: The failed mission of the...
Finally, there's the matter of effectiveness. Washington's response has so far shielded the economy from the worst of the catastrophe in financial markets. But it hasn't fixed the problem that started the crisis: the fact that a few million Americans got home loans they can never pay...
As the latest flashpoint in the global financial crisis, Iceland is nursing a familiar sort of economic pain in a typically cool way. Over the past two years, the country's banks enjoyed extraordinary growth by borrowing heavily on international capital markets, leading Iceland to rack up a $2.7 billion...
The meetings and negotiations continued. But when Shore wouldn't budge, the comedians, in March 1979, walked off the job. Pickets appeared, with placards bearing slogans like NO MONEY NO FUNNY and THE YUK STOPS HERE. All but a few of the regulars refused to work. Even Letterman - though he...