Word: loss
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...lifestyle. The crash in global markets has been hard for him to accept. India's Sensex has fallen 45% from its peak in January; the Goyal family's net worth, built over years, has been decimated in weeks. From $12,000, their portfolio is down to $4,000 - a loss that totals more than half of Sandeep's annual paycheck from his job with a U.S.-based company. Leaving the room, the father fires a Parthian shot: "It's not good to be greedy," he says...
...That a loss of four seats is now considered the GOP's best-case scenario tells you how dramatically the party's fortunes have changed. But the real question is whether Democrats can pick up the nine seats they need to grab a 60-vote, filibuster-proof majority in the Senate. At this point, the answer still seems to be probably not. But such able handicappers as Jennifer Duffy of the Cook Political Report now think the Democrats could gain as many as eight seats, which would mean they would need no more than a single GOP vote...
...investment banks, feeling a capital pinch, started to require that hedge funds pay back their loans. The funds typically borrow money to buy stocks or bet against them in order to increase their returns. Hedge funds were then forced to sell their positions, often at a loss, in order to pay back what was owed. What's more, many investors began getting nervous and pulling their money out of the funds. Those redemptions have forced managers to sell as well...
...this should, theoretically, lay the groundwork for more black Democrats to follow Obama's lead in the future. But some cautious observers worry that an Obama loss would set a catastrophic precedent. The message will be, says Walters, the Maryland professor, "If you can't elect a black person for President in this atmosphere, where all the indicators point to the Democratic Party, including the economy...
...Crimson hung in the fourth set, but multiple strings of points gave Brown the frame 25-19 and Harvard its first Ivy League loss...