Word: root
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...still in his camp. So perhaps he felt he had very little to lose when Wednesday, in a speech to the Veterans of Foreign Wars in Kansas City, Mo., he effectively doubled down, arguing not only that America needs to stay in Iraq until a stable democracy can take root, but also implying we should have done the same in Vietnam a generation...
...have been a blessing: He's expecting to yield about 165 bushels of corn per acre, and about 50 bushels of soybeans per acre - average to above-average, he says, but better than initially expected. But now, he says, "the ground's so saturated, it's like anchoring a root in water." His biggest concern: Fierce winds might knock down the corn stalks...
...back and watch. Some reefs may recover, but others won't, and researchers are still trying to figure out why. "I don't think there's any way you can manage for a global effect locally," says Bruno, the author of the UNC report. He thinks the root cause of disappearing coral is, in the end, climate change, which can be addressed only by a worldwide effort to cap fossil-fuel use and pass stringent climate change legislation. "If we only manage locally, [we] will be totally overwhelmed over the next century...
...does this happen? Why is a hedge fund like Global Alpha affected by events in markets far removed from its bread-and-butter exposure? The root of the problem is high leverage. For example, when this debacle hit, one of Goldman's funds was leveraged 6 to 1, so every dollar of investor capital claimed six dollars of positions. This is the dry kindling for a market firestorm. When things go bad for a highly leveraged hedge fund, it gets a margin call and has to sell assets to reduce its exposure. Naturally, as it sells, prices drop. The falling...
...Thomas Lawler, "is a slow, tedious process." In July, after the two Bear Stearns hedge funds first ran into trouble, bond guru Bill Gross of Pimco wrote a foreboding investment outlook, pointing out that hedge funds tied up in trading are the top layer of the problem, not the root. That can be demonstrated in the Mile High City and, as Gross wrote, "in the Summerlin suburbs of Las Vegas, Nevada, and in the extended city limits of Chicago headed west towards Rockford, and yes, the naked (and empty) rows of multistoried condos in Miami, Florida...