Word: jump
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...going on out there and some of our own staff had some concerns, so we bought a loan-performance database of mortgage-backed securities. We saw some pretty astonishing things. The starter rates were very high, between 7% and 9%, and within a couple of years they could jump by 600 basis points. No one could handle that level of payment shock. In fact nobody was - they were just refinancing...
...describing how skaters adopted these spaces as their own. “Deathbowl” is full of homemade footage of skaters finding inventive ways to use the plazas of New York, whether by grinding rails or performing ollies on ledges. One particularly impressive scene sees a former skater jump over 5 garbage cans in Washington Square Park to land on another skateboard, 15 years after he last performed the trick.Nichols and Charnoski frequently talk about skateboarding as “liberating unused space.” They are also clearly amused by the unintended results of design practices...
...France, Ireland, the U.K. and some other countries show that the unemployment rate is starting to pick up again. The IMF, which has slashed its growth forecast for the euro-zone countries for 2009 to a negligible 0.2%, predicts that the percentage of jobless in those 15 countries will jump above 8%. Worst hit will be Spain, where it predicts unemployment will be close to 15% next year, up from...
...deal so that banks have an incentive to raise private capital to buy back the shares from the government. Private investors can get the same terms as the government, but not better terms, according to a Treasury official. It's not clear how eager private investors will be to jump in. And in theory, if the banks' stock prices rise, the taxpayer would benefit as the government is bought...
...punch of corruption and terrorism came as Garcia has been battling a small, but stubborn jump in inflation. Inflation is absurdly low when compared to the seven digits from the 1980s, but it still has Peruvians worried because at 5.3% through September it is more than double the initial forecast for the year. The administration has reacted with anti-inflationary policies, cutting expenses and reducing government, which seem oddly out of touch with the rhetoric about the country's economy, which is otherwise booming. The economy has expanded by nearly 10% monthly since Garcia took office and indicators even during...