Word: knews
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...reason that releasing the figure is without purpose is that none of the banks are mentioned by name. The FDIC's argument is that if the public knew which institutions were in trouble, customers would withdraw money so quickly that the firms would be out of business in a day. That would put a large burden on the FDIC because it insures the deposits at each of those banks, which have combined assets of $159 billion. (See pictures of the Top 10 scared traders...
...coming down a river valley - that has really high stakes. In 1985, an entire town in Colombia, Armero, was obliterated and [about] 23,000 people were buried alive when a relatively small eruption melted snow and ice on a volcano and sent it rushing down this river valley. Scientists knew the eruption had occurred, but the communications process broke down. People in bed or watching a soccer game were buried alive...
...reluctance to talk about it. Trust me, I’ve been on both sides and I like writing about it probably as much as you like reading about it. In high school, under the pretense of being healthy, I learned everything there was to know about food. I knew, for example, that drinking cold water burns more calories than drinking room-temperature water. By senior year of high school, food had become as much a game of calculations as an enjoyable sensory experience. This is something that needs to be brought to light. I know this is far less...
...Harvard economics graduates, is losing his job. That more than a few current seniors will likely be spending the coming year living in Mom’s house, “working things out,” has gone from an unspoken reality to a common experience. Who knew a little banking crisis could make such a stir? Prior to the recent downturn, those in creative businesses—that is, the clothing designers, the restaurateurs and chefs, the advertisers–were certainly conscious of the extent to which the cash flow of the moneyed can affect their lives...
...dishonest to pretend that inherent judgments regarding the age and gender of a man’s sexual partner are not at play in the Adams scandal. The story of Sam Adams—that duplicitous homosexual!—indicates something we all already knew: sometimes, politicians lie, whether they’re gay, straight, male or female. End of story. People who insist that this alone is a shocking fact—independent of Adams’s sexuality—are woefully self-deceived...