Word: problem
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...equity firms. Their M.O.? Suck up companies with borrowed money, make them more efficient and then resell, turning a profit in the process. These days, nearly 1 in 10 nongovernmental employees works for a private equity-owned company, and that, says longtime industry reporter Josh Kosman, is a big problem. In his new book, The Buyout of America: How Private Equity Will Cause the Next Great Credit Crisis, Kosman argues that private-equity firms not only pillage the companies they buy, but also put the broader economy at risk by making those companies take on copious amounts of debt. TIME...
...response to complaints of severe rodent infestation in Allston this February, Harvard spent roughly a quarter of a million dollars to provide North Allston residents with 2,600 rodent-resistant trash cans early last week to help alleviate the problem...
...most obvious problem was Harvard’s repeated difficulty in completing scoring opportunities...
...runners? No problem for the Crimson women. But the men’s squad may have some ground to make...
...having come this far, can Washington really afford to just walk away from the health care problem, leaving tens of millions uninsured and health costs spiraling upward? That's really the question that the Senate must now face. As Republican turned Democrat Arlen Specter put it on Fox News: "The one option which is not present in my judgment is the option of doing nothing...