Word: seemingly
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...Disagreeing with Roubini has not been rewarding. He predicted the current economic collapse with precision long before most economists. His forecasts for the next year or so seem reasonable and are widely viewed as a good road map for what is likely to be ahead for GDP and employment. However, he may not be right with his estimate that total banks write-offs due to toxic financial instruments sold by U.S. will be about $3.3 trillion worldwide. That is well above projections by most economists and the IMF. Nationalization of U.S. banks would cause hundreds of billions of dollars...
...dreaded curse of Friday the 13th did not seem to faze the Harvard women’s basketball team against Cornell this past weekend. The Crimson (13-8, 5-2 Ivy) came out strong against the Big Red (7-13, 3-5 Ivy), as it gained the lead five minutes into the game and held on for the duration to win, 75-57. Harvard’s starting five accounted for all but nine of the team’s 75 points, shooting 52 percent from the field and making 18-of-23 free throws. Co-captain Emily...
...down on the numbers of stores without Windows in the U.S., Microsoft (MSFT) is launching its own retail outlets. Given the size of its customer base, it would seem to be like going after an elephant with...
...first glance, the shops would seem to be a good place to sell the Xbox Zune, and handsets that operate on the Windows mobile OS. (See pictures of Bill Gates: The Early Years...
...This program has powerful underlying economic logic, even though it might initially seem to be the creation of lunatics. When a home goes into foreclosure, it lowers the value of all the nearby homes. The sharp drop in home prices over the past two years has, as a root cause, the abandonment of properties, which adds to housing supply in a disorderly manner. After a foreclosure, a house is not sold based on economic logic but on the desire of banks to stay out of the business of owning residences. The National Association of Realtors said the average value...