Word: notionalism
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...these calculations were made, they were sold to banks, brokerage firms, and other financial institutions as high-yield paper. The major credit agencies gave these securities "Aaa" ratings based, in part, on the fact that nationwide home prices had not dropped in any year since The Great Depression. The notion that pools of subprime mortgages could be rated "Aaa" under any circumstance is astonishing. (See who's to blame for the current financial crisis...
...have its best night at the line either—the Big Green connected on just 63.6 percent of its free throws, including three big ones as Harvard mounted its comeback in the waning minutes of regulation.Both Lin and Harvard head coach Tommy Amaker were quick to downplay the notion that the team’s recent two-week break for exams had anything to do with its poor free throw shooting in particular or its performance overall.“Obviously the placement of [exams] doesn’t fare well for us, but it?...
...years ago, M&A activity was driven by easy capital and the notion that putting two related companies together could enhance revenue by selling a broad array of products and services to common customers. Many of those deals are in trouble now because of the leverage they took on to fund their transactions...
...Military officers have also expressed concern over relying on the aging atomic arsenal. (Skeptics note that U.S. policy tends to embrace the notion that all nuclear weapons possessed by adversaries will work, while those possessed by the U.S. won't.) "The path of inaction is a path leading toward nuclear disarmament," Air Force General Kevin Chilton, head of the U.S. Strategic Command, warned last month. "The time...
...Both Lin and Harvard head coach Tommy Amaker were quick to dispel the notion that the team’s recent two-week break for exams had anything to do with its poor free throw shooting in particular or its performance overall...