Word: problem
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...good news, relatively speaking, is that these loans are very concentrated: about 75% of all option ARMs were written in California, Florida, Arizona and Nevada, with the vast majority of those in California. In that way, the option-ARM problem is localized. People living in Phoenix, Las Vegas and California's Inland Empire, which have high concentrations of option ARMs, can expect to see renewed downward pressure on home prices. But the trend won't spread nationally...
...can’t comment on how other people viewed this, but to me, it came late,” Acker says. “It has been an obvious problem for some time...
...Woods brand, the future is still murky. Like Toyota - which also has a problem with not stopping when it should - Woods kept reminding the public, I've done some good things and I'm doing everything to make sure that I'm reliable in the future; this weird tendency I have to surge in places I perhaps shouldn't will be fixed. (See "Tiger's Apology: A TIME Discussion...
...When asked how she will deal with sports celebrity in the post-Woods world, in which the tabloids, websites and televisions cameras can threaten even a pristine reputation, Vonn seems nonplussed. "Well, I'm married" - to her ski coach, Thomas Vonn, since 2007 - "so I don't have that problem," she says. "But, um, I guess [Woods] is married too." Then she turns serious. "I mean, I guess if you have secrets, you have an issue. I've kind of been open about everything." (See TIME's photo-essay "The World of Mrs. Tiger Woods...
...would want to perform if asked to host Saturday Night Live: picture Vonn at Woods' podium, blue backdrop and all. "There's something you don't know about me," Vonn says in a faux solemn, apologetic voice. "Tiger, you're like my idol, and I too have a sex problem." More laughter. "That would be freaking funny." (See the latest pictures from the 2010 Winter Games...