Word: perfective
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...according to FirstAmerican LoanPerformance, which tracks the mortgage market. As of August, nearly 3% of all home loans were in foreclosure, and a further 6% were more than 60 days late on their mortgage payments. But the picture is far grimmer among subprime borrowers, those with less-than-perfect credit: As of July, nearly one-third of those borrowers were more than 60 days late on their mortgages. All told, some 6.5 million families will lose their homes to foreclosure in the next few years, according to the projections of financial firm Credit Suisse...
...this the moment the European Union's ambitious climate change agenda unraveled? At the end of the two-day E.U. summit in Brussels Thursday, European leaders congratulated one another on their bold bank rescue plans. But the mutual backslapping might have provided perfect cover for a retreat from their long-standing commitment to reduce Europe's overall CO2 emissions by 20% by 2020, compared to 1990 levels...
...represent for everyone. I can't represent for all women or all big women or all black women. It's important for people not to make celebrities their source of who they should be in life. I can't take on the pressure of being perfect. Nobody...
...overhaul in 70 years, Bair, chairwoman of the FDIC, has become the voice of ordinary passbook holders. Bair was front and center with Treasury Secretary Hank Paulson and Fed boss Ben Bernanke when they announced plans to recapitalize the U.S. banking industry. But the three aren't always in perfect alignment. As guarantor of Americans' $4.5 trillion in deposits spread around in some 8,500 U.S. banks, Bair is trying to balance both the needs of depositors like the storied Mrs. Lobsiger and those of big-name players like Citigroup who help generate much of the economy's torque...
...billion Paulson just got from Congress, but Bair notes that in the past, the FDIC hasn't needed much. Even at the peak of the savings-and-loan crisis in the late 1980s, when thrifts were closing at the rate of one a day, the FDIC maintained its perfect record of returning every penny of every insured depositor's money, and Bair has preserved that record through 15 bank failures this year. That's partly because the FDIC by law gets to tap a failed bank's assets before any other creditors get a crack at the safe...