Word: loss
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...Here's the catch: If the bonds Strata insured against go bad, Strata is on the hook for the losses. And in a twist on regular insurance, the buyer of a CDS contract [i.e., the insured] doesn't actually have to own the bond. If the bond goes belly up, they get paid as if they had, pocketing the insurance payout as a profit, which of course would be a loss for the owners of Strata...
...Faced with the chance to avenge last year’s Beanpot championship loss and to upset the defending NCAA champions, Harvard (5-14-4, 5-7-4 ECAC) came up just short, yielding to No. 15 Boston College (13-9-4, 8-7-4 Hockey East), 4-3, in the final minute of the Beanpot consolation round last night at TD Banknorth Garden...
...loss was Harvard’s seventh-straight to Yale...
...finish.PRINCETON 5, HARVARD 4Princeton spoiled the Crimson’s undefeated season by the slimmest of margins Sunday afternoon, escaping with a 5-4 victory, with five of the nine matches going to a decisive fifth game.Bajwa pointed to both physical and emotional fatigue as possible culprits for the loss.“Yesterday’s match may have taken the wind out of our sails a bit today,” he said. “After playing so well yesterday, we had to come out and try to do it all over again. That is always tough...
...comparative monthly figures come at a time of financial uncertainty, as the University struggles to right itself from a projected 30 percent loss in endowment value...