Word: quarterly
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...Here's the math: Citigroup has, as Mayo said, about a $100 billion equity cushion, which could be wiped out if loans go bad. At the end of the third quarter, Citigroup had $17 billion in commercial mortgage bonds. According to Barclays Capital, the average CMB price has fallen 34% since the beginning of October. So erase $5.8 billion in equity right there. Citigroup was also a player in advising private equity companies on leveraged buyouts. As part of that business it lent money to the companies in such transactions. Now many of those deals look over-leveraged and ready...
...quarter: the Crimson takes a timeout after letting the clock run all the way down, and it looks like Harvard will...
...quarter: ERIC SCHULTZ HAMMERS HART FROM BEHIND AS HE DROPS BACK, CAUSING A FUMBLE THAT'S RECOVERED BY CARL EHRLICH AT THE YALE 13. A huge play by the Crimson's defense at a key moment...
...quarter: Pizzotti scrambles to the 25, and it's a first down. Pizzotti will kneel out the clock on a 9-1, Ivy Championship season...
...ugly second quarter saw Yale move the ball a bit better, although the Bulldogs struggled in their first of two total possessions in the red zone. Unable to get to the goalline, they were forced to settle for a 19-yard field goal that wobbled wide left of the goalposts...