Word: losses
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Dates: during 2000-2009
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...acting chief financial officer of mortgage giant Freddie Mac, David Kellermann, 41, struggled with his company's being placed under conservatorship because of a $50 billion loss in 2008. Kellermann was found dead April 22, an apparent suicide...
...rooftop wind turbines. You just need a good caulking gun. Start by thinking of your house as a submarine, and plug the leaks in your walls, doors and windows. Be sure to insulate the attic and the basement, since up to 20% of energy costs can come from heat loss in those spaces. A home energy audit is also a good idea; energysavers.gov details how to do one yourself as well as how to go about hiring a professional. So be like Lincoln and savor the summer breezes, but avoid winter drafts...
Some of these windfalls were the chimerical sums of weird accounting conventions. Citi, for example, booked $2.5 billion in gains - without which it would have booked a quarterly loss - because investor fears that it would go under decreased the market value of its liabilities. (Really, it's as perverse as that.) Loan losses are also still rising and could eventually swamp earnings again at many banks. But the first-quarter profits weren't entirely imaginary. As we look ahead, banks really are in a position to make money. "This is a great time to be in banking, you know," said...
...will now have fewer resources with which to enrich a student’s Harvard experience. A 25-percent drop in House spending will have a negative impact on both quality of life and on advising resources within the House—cuts that will go well beyond the loss of luxuries like free refreshments provided at masters’ open houses and study breaks. House masters have said that tutor meal plans may have to be reduced and that some staff positions may have to be rethought entirely...
...Despite the loss of the Ivy League championship, Fish sought the positives of a breathtaking campaign for players and fans alike...