Word: loaned
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...reconcile opposites. And so it was that the painter who liked to make funny little hand puppets for his son used deceptively playful images to deal with the darker issues of the times he lived in. One of the highlights of the exhibition is Klee's Angelus Novus, on loan from the Israel Museum in Jerusalem until the end of December. Rarely seen outside of Israel, the watercolor, depicting a strange creature that is part bird, part man and part angel, has sparked various interpretations over the years. Its former owner, the German philosopher Walter Benjamin, believed that it represented...
...past 150 years or so, we've had eight or nine periods where there was forced liquidation of everything, with no regard to the fundamentals. Well, we're in one of those periods. In fact, what's happening now is improving the fundamentals of commodities. Farmers cannot even get loans for fertilizer. Certainly no one is going to get a loan to open a zinc mine. Supply is going down - this is very bullish. We have a decline in demand, but the world is in recession. We presume that is a business cycle...
...expect a do-over from the outgoing Administration, but not a paper-over that would rescue speculators. FDIC chief Sheila Bair has been pushing to use new loan-guarantee authority passed under the $700 billion banking bailout to adjust troubled homeowner mortgages. The plan would provide $50 billion from the government to be tapped as insurance for banks willing to adjust mortgages in a loss-sharing agreement. The FDIC would guarantee any losses on loans readjusted for homeowners who can show a 38% debt-to-income ratio, similar to what the FDIC worked...
...student of Nadia Boulanger.’” The exhibit also includes correspondences between Boulanger and some of her students. Most of the pieces in the exhibit are from Harvard’s own collection or Radcliffe’s Schlesinger Library; some are on loan from the Longy School of Music.“Boulanger’s legacy is still present today,” said Sarah Adams. “In addition to teaching hundreds of students from summers spent in France and at a convent in Wisconsin, and teaching both in Europe and America...
...Causes of the Crash Reading about the subprime loan debacle, I am amazed that nobody seems to have asked the simple question: What will happen if a large number of these loans default? [Oct. 20] Or was it only greed that made everybody turn a blind eye to the possibility that the bubble could ever burst. Did no one consider that if the subprime-mortgage market crashed, thousands of families could have their lives turned upside down virtually overnight? Frederik Steenbuch, Oslo...