Word: shorted
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...heretical idea. After all, we have had a long-standing deal with biology: whatever choices we make during our lives might ruin our short-term memory or make us fat or hasten death, but they won't change our genes - our actual DNA. Which meant that when we had kids of our own, the genetic slate would be wiped clean...
What does this say about the Federal Reserve's hopes to start pulling its added liquidity out of the markets, either by raising short-term rates or just getting out of buying bonds, which has been keeping long rates low? I think the Fed's statements suggest that they really want to exit in some fashion from the buying program. The first step in that direction, logically, would be to stop buying, and our sense is that they're at least going to try that. But based on our forecasts for the second half of the year, they may have...
...earlier forced Galluccio to resign as chair of the Higher Education Committee and a member of six other committees, according to the Globe—did not publicly ask Galluccio to resign from the Senate in light of Monday’s sentence. In a short statement, Murray said the Senate will discuss its response to the situation when it meets on Wednesday...
Best (pretty short) philosophical novel
Best collection of bizarre short stories...