Word: lateraling
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Dates: during 2000-2009
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...none of that means rent-backs won't eventually take off. There are plenty of examples in the recent past of housing policies starting at the federal housing agencies and later expanding industry-wide thanks to strong-arming from some combination of the Obama Administration and Congress. Loan modifications are the quintessential example. Perhaps one more relevant bit here is the law that was passed earlier this year requiring banks that repossess houses to honor the terms of existing leases (i.e., to not immediately kick out any existing renters). Fannie Mae already had such a policy in place. Over...
Then there is the case against Cioffi and Tannin. In April 2007, Tannin told Cioffi in an e-mail that there was "simply no way for us to make money - ever," for investors in their fund. Then several days later, Tannin told investors in a conference call that he was "comfortable" that his fund would continue to go up. The e-mail makes it look like Tannin was lying to his investors, but the e-mail that prosecutors cited was just one of many between the two managers. At other times, the managers seemed to be less sure that...
...Years later, I’m an English concentrator at Harvard. Boy, did I show her! But sometimes I wonder if my decision to concentrate in English, or maybe every decision I’ve ever made, has been an attempt to show Miss Baker that I’m not, in fact, an airhead. For the past ten years, I’ve been blindly guided by the deep need to prove the Miss Bakers of the world wrong...
...takes off through the yard, jumping bushes, circling buildings, and, when cornered for the first time, scaling a wall. When the hunters meet up with the stag once more they surround him by Boylston Gate, snarling at their prey as an onlooker stares, munching his popcorn. A minute later, the hunt is off once more, racing toward the river Houses...
...residents. It started at around 10 p.m., when lights flickered for a few moments and then died. It lasted more than two hours. Power returned to São Paulo, a metropolis of more than 20 million people, around midnight, before going off again a few moments later. Lights came back on shortly before 1:30 a.m. (See TIME's photo-essay "A Long History of Olympic Politics...