Word: nationalizes
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...furiously to alter the accounting requirement that forces it to continue to lower the value of those assets, even though many of the loans that back those bonds have yet to default and perhaps never will. Those losses are amplifying the bottom-line losses at a number of the nation's largest banks, wiping out their capital and putting them ever closer to collapse...
...Crimson cruised into the NCAA Frozen Four in Duluth, Minn. with a 32-1-0 record and ranked No.1 in the nation, but saw its historic run snapped unceremoniously by the same Wisconsin team in a 4-1 rout...
While the poor state of the economy may be drying up job opportunities all over the nation, there is one potential career path that is less subject to the perils of the job market: entrepreneurship. Starting one’s own venture is becoming a more and more popular career choice among Harvard students, a trend that is likely aided by the fact that entrepreneurs are in complete control of their own employment. But while post-college entrepreneurs are able to concentrate on their ventures as their primary occupation, Harvard students face a completely different experience because of the role...
...replying to the pillories of Louisiana governor Bobby Jindal’s lilting response to President Obama’s address to the nation, blogger Ann Althouse asked, “Why are all these people so confident that they are not manifesting racism?” Thus began another episode of race-card Tourette’s. Though many hoped that such accusatory innuendo would cease with Obama’s election, its metastasis to the right has exposed its severity...
...only Khmer Rouge leader on trial who has confessed his crimes, an insight that is missing from virtually all of the mainstream coverage of the trial. But the Rwanda story veers toward hagiography as it praises the Warrens' compassion and commitment to healing the African nation, which is still haunted by the genocide of the 1990s. (See the top 10 religion stories...