Word: led
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About two dozen firms that led the country into the subprime debacle are now lined up to receive billions of taxpayer dollars through a federal program aimed at stemming foreclosures, according to a report released Wednesday...
...report, issued by Washington's Center for Public Integrity, found that at least 21 of the top 25 firms taking part in the Home Affordable Modification Program, or HAMP, were heavily involved in the frenzied lending that led to the subprime blowup. The firms originated or serviced subprime loans, or both. (See which businesses are bucking the recession...
...least, the public part was. Through it all, behind the sad pageantry, a quieter remembrance was under way. The night before the funeral, his closest friends held an improvised wake; Teddy led them in singing "When Irish Eyes Are Smiling." The next day, as he walked with Jackie and Bobby behind the casket, Teddy wore the trousers Jack had worn for his Inauguration and a pair of his gloves. This was how it went: the younger brother quite literally assuming, if not his brother's role, then at least his costume. And late that night, long after the burial, Jackie...
...quite in control of his demons. But ultimately, beyond his personal travails, Kennedy's relationship with the Church hierarchy was destined for conflict because of politics. The Senator became both the face and the engine of the liberal wing of the Democratic Party that has long led the battle for abortion rights, stem-cell research and gay marriage, all of which Catholic doctrine strictly forbids...
...confluence of factors has led Japan to its likely political upheaval - not least of which is the global economic crisis. Figures released Aug. 28 - two days before the election - show Japan's unemployment rate for July at a record 5.7%, up from the six-year high in June of 5.4% and well on its way to the 6% figure analysts expect by year's end. Japan's July exports dipped to 36.5% over last year, falling for a tenth straight month. Exports to China and the U.S., Japan's top two trade partners, fell 26.5% and 39.5%, respectively, over last...