Word: personic
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...global recession has a "patient zero", a single person who set off the series of events which may lead the economy into its greatest downturn since The Great Depression and, by some estimates, push 50 million people around the world out of jobs this year, according to The International Labour Organisation. (See pictures of the global financial crisis...
...mortgage for ten years and then sell his home. When his mortgage reset in 2006, he defaulted. The flow of his payments into the mortgage pool stopped. The differential between the real world and the Wall St derivative model moved off center by a fraction of a millimeter. Another person within the same pool defaulted the next day, and quickly the mortgage pool lost the financial yield characteristics that it was supposed to have. Tranches began to change in value, one by one. A small snow ball turned into an avalanche. On the day of this first unexpected default...
...company be jettisoned. "You walk into the office and it's quiet, the entire atmosphere is different. When someone gets promoted you want to say, 'That's great,' but then you realize they got the job because the two other people in that group got laid off; this person was cheaper. You start feeling evil. People say at least you have a job, you should be grateful. Well, I'm not sure how happy I am. And then I feel selfish about that...
...Better. The Sheraton in Nassau is offering a "Lovin' the Bahamas" package, including champagne on arrival and daily breakfast. You also get a daily $50 resort credit to use toward your food and drinks. $214 per person, per night...
...doll and a copy of He's Just Not that Into You, so you can avoid tragic mistakes in the future. Get back on the horse with a New Orleans Cocktail Tour, and recover the next day with a massage at a local day-spa. $369 per person for three nights. 4125 St. Charles Ave., New Orleans...