Word: interesting
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Dates: during 2000-2009
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...biggest bad surprise for investors in bank stocks, though, could come from pools of so-called shadow assets that have been following around these banks for years. In the earlier part of this decade, banks set up a number of financing arrangements called special investment vehicles or variable interest entities. These arrangements each had different functions, but they were generally known as special purpose entities and they had the effect of keeping certain loans off bank ledgers...
...debt.” While no such failure occurred, the disruptions hampered the University’s liquidity position by forcing it to keep cash on hand to meet possible calls on its variable rate and commercial debt obligations.Harvard is reported to have also invested heavily in interest rate swaps, a type of derivative that allowed the University to control for possible increases in interest rates on its debt. But instead of rising, the report said rates fell “rapidly,” forcing Harvard to meet large collateral requirements.The report added that since the decline came...
...Massachusetts Educational Financing Authority (MEFA) will make $300 million in fixed-interest loans available to families with undergraduate and graduate students residing in or attending school in Massachusetts, Governor Deval L. Patrick ’78 announced on Wednesday...
...Kanye’s caps-locked infatuation with the band is perhaps most understandable in the context of this new preoccupation with aural textures. However, “PB&J” often seems to mistake inventive production for good material. Every song on the album has interesting stylistic touches, but they frequently lack the melody and songwriting to come together into a coherent whole. While it is admirable that PB&J take an active interest in the construction of their soundscapes, one wonders if they should have spent more time replicating the winning formula of “Young...
...Manseau's vivid recollections of each trip, combined with personal anecdotes and interesting tidbits (did you know that every Roman Catholic Church in the U.S. has a relic?), provide a fascinating look into an ancient and complex topic. He writes that when he saw the first sonogram of his daughter, his mind immediately wandered back to the relics he had seen and studied the world over. "Perhaps it was a renewed interest in all that is implied by the word miracle," he muses. "Or perhaps it was the experience of seeing the component parts of a human being...