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...devastated lenders in the West. But as confidence seeped from the region's financial markets, banks became nervous about parting with funds, credit tightened, and stock markets plunged. South Korea has been looking particularly vulnerable to further turmoil. With some $80 billion of its banks' foreign debt maturing by mid-2009, investors worried the country could face a credit crunch that would restrict lending throughout the economy. Those fears have punished Korean stocks and the country's currency. The won plummeted nearly 10% on Oct. 16, its biggest one-day drop since the 1997 Asian financial crisis. Standard & Poor...
...they almost uniformly provided plazas,” Kayden says. However, he adds that the regulations demanded little of developers. “You could basically slap down some terrazzo in front of your building and collect your 10-to-1 floor area bonus.”By the mid-70s, these new building practices had left a multitude of pointless, unattractive public spaces littered around the city. It was just at this time that a new underground culture was beginning to break out. Skateboarding had begun in California in the 1950s as people skated in unused swimming pools before...
...lightweight men’s coach Charley Butt.“I was really impressed by Michelle Guerette’s race the day before [ours],” Howard said. “It was such a great race to watch.”At the mid-point of the course Guerette was in fifth place, but her last two splits were the fastest of all the competitors, bringing her to within a hair’s breadth of the Bulgarian victor with a time of 7:22.78.Behind her success lies another story of accomplishment. For Butt, this...
...working closely with Ed Forst, and with my colleagues across the University, to develop financial strategies that can help us realize our increasingly ambitious objectives.” Last April, staffers in Mora’s office were notified by e-mail that she would leave Harvard in mid-May. With no explanation given for the sudden nature of the announcement, her staff expressed confusion. The University remained notably silent on the issue, and both Mora and Shore repeatedly refused requests for interviews. The resignation came at a time of increasing turnover in Harvard’s highest administrative positions...
...races between 1989 and 2006, Hopkins says the Bradley effect-which he calls the "Wilder effect," after the Virginia governor-did exist, but petered out when racially charged issues were elbowed away from the political forefront: "As racialized rhetoric about welfare and crime receded from national prominence in the mid-1990s, so did the gap between polling and performance...