Word: returning
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Most speculation is motivated by the desire for profit. It seems that recent interest in gold is instead motivated by the desire to maintain value. After all, the price of gold in dollars has not shown a steady return. As the government continues to enact costly but what many believe to be inadequate solutions to the financial crisis, investors fear the worst for the future of the economy and the the dollar. Thus, the price of gold has become a measure of confidence in the government to handle the crisis...
...subprime, adjustable-rate or jumbo mortgages. By law, Freddie isn't allowed to insure against losses on those types of mortgages, in part because they are riskier. But it bought securities tied to those home loans anyway - which it is allowed to do - to capture the higher rates of return that those mortgage bonds offered. Unfortunately, the bets didn't pay off. Freddie lost $16 billion on those investments. (See pictures of Americans in their homes...
...hiking with green friends like Patagonia founder Yvon Chouinard. The former NBC Nightly News anchor just finished a new climate change documentary - Global Warming: The New Challenge with Tom Brokaw - which airs on the Discovery Channel on Mar. 18. Brokaw spoke to TIME in New York shortly after his return from a biking trip to Africa. Apparently semi-retirement isn't so bad. (See pictures of this fragile earth...
...triumphant 2007 return to the ring, following a five-year hiatus, was seen by many aficionados as a way of stanching the decline. In his first fight back, Tomás sold out "antibullfighting" Barcelona's 20,000-seat ring. But even his powers aren't unlimited, say critics. "Who is he to decide what is worthy and what isn't?" asks the Rivera family friend. "Art is in the eye of the beholder...
...well-respected bullfighters, Paco Camino and José Tomás, went so far as to return their medals (granted in 2004 and 2008, respectively) in protest. According to Vicente, whose agency represents Tomás, the decision was motivated by the latter's "belief that he is a depository for the art of bullfighting, that he has to defend it. José Tomás has nothing against Rivera; he has a problem with the ministry's argument for bestowing the medal on Rivera. It devalues the award...