Word: loses
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...these lies? Sure. They are the psychological equivalent of political spin. The cold facts are that as you age, you will begin to lose your capacity for working memory, just as you will lose muscle mass, eye strength and balance. We call this aging, and none of us will escape it. But the new study reminds us of the power of belief: People can be persuaded to believe either positive or negative stereotypes, and it can have a real impact on their performance in life...
...mothers so judgmental of one another? Because they feel so stressed out about how they're doing. You take the time to lose your mind completely only if what that person says attacks some sort of core about yourself. If you live your life one way, and I live my life another, that's fine. But if the differences are how we're raising our children, and if you're right and I'm wrong, then I could be screwing up the most important thing in my life. (See TIME's 100 most influential people...
Being rich during a recession can almost be as bad as being poor. The only difference is that the rich have more to lose. RealtyTrak, a research firm that follows mortgage trends, recently reported that the foreclosure rate on homes valued at more than $729,750, also known as the jumbo-mortgage limit, rose 127% in the first ten weeks of this year compared to the same period a year ago. Bloomberg, reports that "about $500 billion of prime-jumbo mortgages are bundled into bonds, according to Memphis, Tennessee-based FTN Financial." The default rate on those bonds may rise...
...work will be those who earned between $25,000 and $75,000 a year, not the rich. Most homeowners are just that - regular middle class workers. People living on relatively fixed incomes usually do not have the resources to cover their daily expenses for a long time if they lose their jobs or suffer a drop in their earnings. The one thing of value that they had, their home, may currently be worth less than it was 20 or 30 years ago. The wealthy at least have opportunities to make money beyond their salaries whether it is by holding stocks...
...that three months of supervisory scrutiny of the country's top 19 banks hasn't produced some grim news. If the economy dropped to Depression-era levels of unemployment and credit shrinkage, according to the Treasury and the Federal Reserve, those firms could lose nearly $600 billion by the end of 2010, on top of the $350 billion they've already lost since mid-2007. Bank of America needs nearly $33.9 billion in new capital, Wells Fargo needs $13.7 billion and Citigroup needs $5.5 billion. Altogether, 10 of the top 19 need $74.6 billion in additional capital...