Word: loses
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...still make it as a public company because a bankruptcy could be too messy for the Administration's tastes. According to The Wall Street Journal, "Key members of an ad hoc committee representing GM bondholders have begun preparing arguments against the auto maker's bankruptcy plan." The creditors may lose their attempt to get a better deal than being given debt in a company which holds the worst part of the GM asset base, but they can make the process prolonged and painful for the company and the Treasury. (See the 50 worst cars of all time...
...Mexico. However, as the growing population continues to suck water out in wells, Mexico City is sinking down into the old lake bed at a rate of about three inches a year. This downward plunge puts extra pressure on water distribution pipes, which are now so leaky they lose about 40% of liquid before it even reaches homes...
...class and has been instrumental in building what is expected to be an equally impressive haul next year.“It is a bittersweet moment for us,” Harvard coach Tommy Amaker said in an e-mailed statement. “While we are disappointed to lose Will, he has a tremendous opportunity at VCU, and we are thrilled for him. We’ll certainly miss him greatly and the terrific job he did for Harvard Basketball.”With the recruiting season culminating in the next few weeks, the move is likely to send...
...Democrat and Chairman of the House Financial Services Committee, focused on the financial crisis. After listening to his speech, Joel Pollak, a student at the law school, told Frank that the crisis "happened on your watch" and asked if Frank took "any responsibility" for the slide. Frank appeared to lose his cool and grew defensive, saying that Pollak "made an accusation that is wholly inaccurate." Their conversation escalated, with Frank calling Pollak's words a "right-wing attack on liberals", and Pollak retorting that Frank's "entire speech blam[ed] conservatives...
...philosophers wandered regularly among market places and stone forums. Eight of today’s most prominent thinkers are set loose from their offices and classrooms by director Astra Taylor to roam the sites of daily life—airports, parks, Fifth Avenue. While the philosophers’ ruminations lose their grounding in academic method, the liveliness that takes hold of their ideas more than makes up for the loss, making “Examined Life” 87 minutes of excitement for the mind—with plenty of food for thought left for the walk home from...