Word: loss
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Haitians who've had to deal with the loss of their family members and their homes, now find fellow citizens profiting from their pain. But the hunger on the streets is growing. In the suburban city of Petion-ville, protesters wove in between cars chanting against the mayor Claire Lydia Parent. The demonstrators allege that Parent too is charging them 250 Gourdes for coupons for bags of rice. "She's keeping it in the depot so when elections come around she'll give the rice away. Then people will vote for her," says Danka Tranzil, 17. (Mayor Parent has said...
...Lehman wasn't alone. Merrill Lynch lost nearly $20 billion on investments in collateralized debt obligations (CDOs). Morgan Stanley had a nearly $4 billion loss in proprietary trading in the fourth quarter of 2007. Goldman Sachs spent $3 billion to bail out one of its hedge funds. And Citigroup has poured more than $3 billion into fixing its problems with structured investment vehicles, investments the bank set up with its own capital. Like Merrill, Citi lost big - as much as $15 billion, on the CDOs it decided to hold rather than sell off. In fact, nearly every large financial firm...
...men’s hockey team travels to take on conference rival Brown tonight at 7 pm, and the time is ripe for a Crimson comeback. Harvard was last left reeling from a 6-0 loss to No. 14 Boston College in the semifinals of the 58th Beanpot tournament Monday night...
...It’s an important game, particularly come off the bad loss to Boston College,” senior Doug Rogers said. “This is our chance to get back on track if we can stick to what...
Clay finished fourth. Not even on the medal stand. The competition’s standout athlete failed to clear a height in that fateful pole vault, forcing him to concede 804 points to eventual winner Maurice Smith—a blow magnified by Clay’s 785-point loss...