Word: resultants
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...other commercial properties coming due between now and 2013, another time bomb is ticking. In a report scheduled for release on Wednesday, Deutsche Bank estimates that at least half the loans - and two-thirds of those packaged and resold as securities - will not qualify for refinancing. As a result, many borrowers will likely default, leading to losses on securitized mortgages of $50 billion or more and losses of at least $200 billion on commercial real estate loans overall, according to Deutsche analyst Richard Parkus, who authored the report. "People are only now beginning to realize there is a looming crisis...
...energy efficiency - and controlling carbon emissions - simply by improving the grid, before we even begin to clean up our energy sources. The key is to add 21st century speed and intelligence (i.e., the Internet) to the 20th century infrastructure of the power grid - voilà, a "smart grid." The result would be a system that allows power utilities to remotely detect and respond to outages; that lets consumers program their appliances to use electricity when it's most abundant, allowing power companies to reduce waste; and through which new sources of alternative power could be channeled into the towns...
These unlikely findings are the result of a paper that will be published in the fall in the Journal of Consumer Research. The study was conducted by a team of investigators from three universities who did their work in the most straightforward way possible: by offering subjects unhealthy foods and healthy foods and seeing what they chose...
...Asian art collections and the culturally pioneering times. Cotter said he knew that he wanted to study literature at Harvard, specifically with renowned American poet Robert Lowell. As a freshman in 1966, Cotter enrolled in Lowell’s graduate seminar. The first art course Cotter took was a result of him seeking to fulfill a science requirement. He enrolled in a “primitive art” class in the Anthropology Department that was cross-registered with the Art History Department. It was this course that introduced him to the Peabody Museum, where he spent much...
...result is almost assured, why so much interest? Three reasons. First, South Africa is Africa's economic and political heavyweight. What happens in South Africa affects all Africa and is often seen as a weather vane for the continent. In particular, the ANC is the most prominent of Africa's liberation movements - the revolutionary parties that overthrew white or colonial rule. Its success or failure in adapting from the demands of fighting a revolutionary war to the demands of competing in a free and fair democracy - requiring less a transition than a total reinvention - has wide implications for Africa, even...