Word: latinities
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...Some studios initially underestimated the diversity of the Latin market. "We talk about the Latino community as a monolith," says Nancy Utley, chief operating officer of Fox Searchlight. "But it's people from all different countries who've been here for all different lengths of time and some are English dominant and some are Spanish dominant...
This is what you call a bad-debt problem. The U.S. banking system had a couple of big bad-debt problems in the 1980s (remember S&Ls? Latin-American debt?) and slowly, grindingly, expensively worked its way through them. But now most mortgages aren't sitting on the books of the lenders who made them. Instead they've been chopped up and combined into securities--with values contrived by complex mathematical models--and sold to banks, pension funds and other investors around the world. This securitization was supposed to spread risks more widely and more efficiently...
...Unlike many sellers of coffee, Starbucks sources its own beans from Latin American, Africa and the Asian-Pacific rim, and then roasts them in its own plants. "We go out to the farms. We are roasters. We control the entire process, and other players don't," says global strategy head Michelle Gass. "Coffee is our business, and we need to get back on our toes...
...live together and maintain a ranch as they study fields such as philosophy and literature. Before he transferred to Harvard in 2006, Miller farmed and debated Plato with equal vigor. Now living in the Dudley Co-op, he came to Harvard to study Classics, having taken both Latin and Greek in an all-boys’ private high school in Baltimore...
...those crucial first months, Foote said, there was no one on the team who had on-the-ground experience from Eastern Europe or Latin America in transitioning a state-run economy to a free market model...