Word: jumbo
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...which the Westerns were prominent examples, and in particular John Wayne in The Searchers. So we kept returning to this Cowboy and Indian mythology, and I wanted to understand why. It didn't seem like a reaction to the actual threat which was coming from engineering students in jumbo jets, not Indians on the Great Plains...
October was supposed to be a month of celebration for Airbus. This is the month, after all, when the European airplane manufacturer is finally set to start delivering its chronically overdue super-jumbo, the A380. Instead, the company has hit turbulence again. This time, however, it's not production delays and boardroom infighting, it's news that market regulatory officials are investigating a potentially massive insider trading scandal at EADS, Airbus's parent. According to documents cited in French press accounts, as many as 1,200 people may wind up targeted by legal action, including some of the loftiest members...
...come in negative does not mean that a recession has started," says managing director Lakshman Achuthan. But the risk is there, and Achuthan guesses it will worsen if loan markets fail to calm down. If a month from now a borrower with good credit still can't get a jumbo mortgage at a reasonable rate, a recession will be much likelier...
Selling off fixed-rate mortgages was one way of moving risk out of the banking system. The growth in the 1980s and 1990s of Fannie and Freddie--which can buy loans of up to $417,000--and of private markets for bigger, or jumbo, loans made this possible. It also enabled the rapid rise of independent lenders, Countrywide most prominent among them, that sold all their loans on the secondary market...
...hoary joke that a "religious Democrat" is more of an oxymoron than "jumbo shrimp" couldn't be more wrong in this election cycle, in which it's the Democrats who are talking comfortably about faith while their Republican counterparts dodge the subject. Even so, as the results of a new TIME poll show, the conventional wisdom about the two political parties and religion may be so ingrained that no amount of evidence to the contrary can change perceptions. That may very well help Republicans in 2008 despite their various religion issues. And it may also mean that most Democrats, with...