Word: paid
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Dates: during 2000-2009
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...about 20% and borrow about 80%. The big difference is, the company they're buying borrows the 80%, so they're the ones responsible for repayment. These loans were structured the same way and sold to the same people as mortgages. And the same kind of crazy prices were paid, so unfortunately we probably are going to see a private-equity meltdown just like what we saw in the housing market. (See how Americans are spending...
Among the projects that FDR's spending paid for was the Current Population Survey, which has measured unemployment every month since March 1940. The process - which aside from computerization and expansion has not fundamentally changed over the years - centers on interviews with a rotating sampling of 60,000 households. Workers are sorted into three categories: employed, unemployed and not in the labor force. To be counted as unemployed, a worker must have "actively looked for work" in the past month - a definition some analysts say is too narrow to capture the breadth of the economic pain. A more realistic...
...Three - now dwindled to the Detroit Three - operated an unholy alliance. Management would pile on wage hikes and perks, and in return (wink, wink) the union would keep the peace, i.e., rule out strikes, even though both sides must have realized that the amount being paid to workers was unsustainable, particularly if the industry hit any downdrafts - which happened with increasing frequency starting with the 1973 OPEC oil embargo. (See the 50 worst cars of all time...
...even as bad a storm as had been feared, but the levees weren't as good as had been hoped. Some fact-based decision-making could have saved hundreds of lives and billions of dollars. Here, too, years of complacency were the rule, not the exception. The price was paid this decade...
Ahmed easily exploited the gaping holes in the fabric of India's public safety - flaws that still exist a year after the attacks. According to his statement to police, Ahmed paid an acquaintance Rs. 50,000 (about $1,000) to buy admission to a college in Bangalore, and used his student ID to allay police suspicions while he was crossing from Kashmir to Bangalore - even as he was bringing a cache of weapons in by train. When he ran out of money, his handlers arranged to have funds sent to him through India's unregulated network of cash-transfer...