Word: jumbos
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Dates: during 2000-2009
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...start with mortgages. The yield on the 10-year Treasury bond has been falling all year and last week hit a 44year low of 3.55% before ending the week higher. Mortgage rates have followed, and for conforming mortgages (those under this year's jumbo threshold of $322,700), the average 30-year fixed rate last week sank as low as 5.58%. That's down from just over 6% in October, reports mortgage-research firm HSH Associates. Deals on fixed-rate 15-year mortgages are even sweeter, having cracked the 5% barrier for the first time...
...rise. The judge enters--she's 25, loquacious and the cutest jurist her show's producers could find. This Chinese Judge Judy is deciding if a Beijing man can keep a donkey in his apartment. This is what News Corp.--which entertains America with dwarfs pulling jumbo jets--is bringing to the Middle Kingdom. The company is reformatting hit shows from abroad and adding "rock-'n'-roll energy" to Chinese TV, says Jamie Davis, head of News Corp. in China. There's Wanted! In China to help catch murderers and Late Night Talk with a Letterman knock-off reading...
...sold every year. But the days of the space-hogging picture tube do seem numbered. In smaller sizes, flat screens can fit into places where crts simply won't go, such as in a bookshelf or on a kitchen countertop. At the other end of the size spectrum, jumbo wall-mounted flat-screens are ideal for cinema-like home theater systems?and displays keep getting bigger. LG.Philips lcd recently announced a prototype for a 52-inch model that will be the largest commercial lcd TV available if the company brings it to market on schedule late next year. Samsung Electronics...
...prevent "loss of control" incidents, now the No. 1 cause of airline fatalities. There is an urgency to this approach: the crash of American Airlines Flight 587, which killed 265 in November 2001, is considered a loss of control, perhaps triggered when the plane hit the wake of a jumbo jet while departing New York City's Kennedy airport...
...settlement of about 30 tribal families, was once engaged in the capture and breaking of wild elephants. Today the residents breed and train the ones they already have, and put on shows for tourists. Sounds pretty tame, but the camp's denizens love to point to a rogue jumbo, tethered with heavy chains nearby, and recount the harrowing tale of the time he ran amok in the forest. It's enough to make you want to get back on the boat...