Word: marketed
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Dates: during 2000-2009
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...Hollywood didn't want her, but the San Fernando Valley did. That was the center of the burgeoning video market in the early '80s, when sex films accounted for an outsize share of sales and rentals. And Chambers was agreeable to lending the video-porn industry her allure. For the next two decades she starred in porn films and Cinemax-style sexploitation efforts. In her 40s and 50s, she appeared as the hostess, and smiling dominatrix, of soft-core loops (Marilyn Chambers' Bedtime Fantasies, etc.) that still play on late-night pay cable. Perhaps her strangest career move came during...
...past two years, however, munis' predictability has been replaced by volatility. The bonds of state and local governments were among the worst performing sectors of the debt market in 2007, before falling off a cliff last year. The average muni bond fund lost 9.4% in 2008, and there were ten funds that lost more than...
...taxes are plummeting. Worse, local governments on average get nearly three-quarters of their tax revenue from real estate assessments. Falling property values and rising foreclosures mean that source of revenue is drying up as well. Many local governments have built up reserves anticipating the downturn in the housing market, but Moody's says that might not be enough. "The sharpness of the housing downturn and speed of the general economic contraction will likely test the sufficiency of those reserve cushions," Moody's analysts wrote...
...trafficking, reported no efforts to prevent trafficking in persons and does not acknowledge trafficking to be a problem in the country." As a TIME.com story detailed, trafficking in Iraq is a shadowy underworld where nefarious female pimps hold sway and impoverished mothers sell their teenage daughters on the sex market. (See pictures of a women's prison in Baghdad...
...Finally, many CDSs insured products ill-suited for insurance. Insurance works best when a disaster is random, infrequent, and independent from other disasters. This is not the case for mortgage-backed securities. In the housing market, prices are dependent on the surrounding area. A firm can attempt to mitigate this problem by slicing up mortgages and repackaging them in complex financial instruments like collaterized debt obligations, but the risk persists. If enough houses drop in value, others will follow, and this domino effect is the current housing crisis...