Word: redeemability
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...heavy volume. With each sale, more investors became convinced that a collapse had begun and they had better get out while they still could. Mutual-fund managers tried to hold on but could not; they had to dump stock to get cash to pay off investors who clamored to redeem their fund shares. Margin calls to investors who had bought stock on credit aggravated the frenzy. Some could not put up additional collateral and were sold...
...Which will make them so much harder to redeem," he countered. "And as you know, saving is a virtue. Therefore, taking money out of savings is a sin. You ought to be grateful that you are prevented from sinning...
...heal the trauma of parents told that their huge yearly payments cannot buy meal tickets for their children. Only time will allay the confusion of new undergraduates who were told they should start hanging out with people who didn't go to Exeter. And, ultimately, only time can redeem the reputation of Derek Bok, a man who, for all appearances, seems to have forgotten over which university he presides...
...decided that at the Sorbonne and made it a tenet of his doctoral thesis), then the forced emptying of Cambodian cities at the cost of millions of lives follows logically. After all, the extirpation of parasites is a public service. Once you have decided, as did Ayatullah Khomeini, to redeem the Islamic world from idolatry, and once you believe, as he does, that martyrdom is the quickest way to the joys of paradise, then sending 14-year-old boys into the teeth of machine guns is by no means irrational...
...escape the social isolation of these inner-city wastelands. What successes there have been come not through cosmetically improving the ghettos but by providing residents with opportunities through jobs and education to rise out of them. Saving people, not inner-city neighborhoods, may be the only way America can redeem the promises that were made against the charred urban landscape of that terrible summer...