Word: low
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...thug than a commercial facilitator ("What d'you think we are? Gangsters?"), and Archie seconds that delusion. ("Keep your receipts," he tells one associate, "'cause this ain't the Mafia.") But the milieu is redolent of many a mob story, with the rocknrollas as goodfellas, and their hangouts as low-London franchises of the Ba-Da-Bing. The dialogue has an East End accent, but it's basically Tarantinian chatter - the joking among ruthless men with roguish rhetoric and short fuses - leavened for variety with the odd upmarket observation. "Beauty is a cruel mistress," Uri says of his painting, with...
...carrying equity by lending money to financial institutions willing to buy up questionable bank assets at discounted rates. But first the Treasury seems ready to dip into its $700 billion to establish a reverse auction set-up to ensure that the government doesn't pay too high, or too low, a price for the distressed securities. The auction system will likely take at least a month...
...even the unprecedented Fed decision was quickly discounted by the market. Chris Low, chief economist of FTN Financial, said buying commercial paper was a "very good move," but explained that "investors almost have to see things work now before they'll believe them." In particular, Low pointed out, investors may want to be sure that this year's bailout shows results - unlike last year's Master Liquidity Enhancement Conduit, which was an attempt to solve the subprime crisis by three private banks (Citigroup, JP Morgan Chase and Bank of America) using private money - essentially what Treasury Secretary Hank Paulson hopes...
...None of this is to condone leaving students from low economic backgrounds by the educational wayside. There will always be outliers, and there are surely members of lower socioeconomic classes—first-generation immigrants, for instance—who are on the academic rise. As members of educational elites, we should continue to help pave the way for these individuals by supporting college-level programs like the Harvard Financial Aid Initiative, as well as efforts for younger students, such as the successful New York-based Prep for Prep program...
...from faculty, staff and students such that the broader community can feel involved and invested in improving their neighborhood schools. While we recognize the elements of anachronism in mandating public school uniforms, today’s crisis in education warrants such measures. The benefits that uniforms can offer to low-performing schools in terms of attendance, matriculation and school atmosphere all validate such seemingly dramatic steps...