Word: periodicity
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Second, pricing the asset right is tricky. If real estate fundamentals continue to deteriorate over an extended period of time, more loans will go into default and the value of the mortgage securities will decline further. This could cause problems for entities that overpay. "If you buy a mortgage at 60 cents on the dollar, it's only a good deal if the underlying values come back," says Ressa...
...called Sunshine Policy, which sought economic and diplomatic engagement with Pyongyang. His hope was that a more dovish stance toward the North would convince Pyongyang to rid itself of its nuclear-weapons program. He explicitly stated that reunification of the Korean peninsula would come only after a long period of "peaceful coexistence" with the North. The stance infuriated conservatives in South Korea, who thought Kim's hope for change in the North was naive...
...action," recalls Navy Captain Rex Robles, a spokesman for the Reform the Armed Forces Movement, which Enrile clandestinely helped establish. Realizing that he was being pushed aside in favor of General Ver, Enrile began to work secretly to protect himself and lay the groundwork for the inevitable post-Marcos period. (See Aquino's life in photos...
...Amar. "Stable and high-paying jobs and a well-settled monetary situation is the fundamental criteria." With so much news of job losses coming out of the US, he says parents of Indian girls are much more reluctant to send them abroad without a security net. Even the matchmaking period has increased, says Amar. "Previously, people used to close a match in around six to eight months. Now this matchmaking period has become over a year because men and women in India have become more discerning as consumers and they want more compatibility...
...goal is to achieve development in the south that would convince southern citizens to vote for unity. We think that six years as a transitional period is a short time to rebuild an area the size of southern Sudan. It is not an easy task...