Word: sixes
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...generally sells credit-default swaps, thereby promising to insure others against defaults. It's a great business when defaults are low; when they rise it can turn toxic. AIG FP lost more than $10 billion in 2007 and $14.7 billion in the first six months of this year. That, along with losses in other investment portfolios, has cut deeply into the parent company's capital reserves. The credit-default-swap contracts decree that if AIG's credit rating drops below a certain level, it has to fork over $13 billion in collateral to the buyers of the swaps. Monday night...
...Matory is one of a few prominent black faculty members to leave Harvard unhappily in the last six years, including religion professor Cornel West and economist Caroline Hoxby...
...Alright, so maybe things aren’t that bad, but all I’m saying is that when you’re six Red Bulls deep trying to finish up a paper that’s three hours late, you might just want a little diversion from the daily grind...
...seems tremendously unfair that one can fly to Africa, study slavery for six weeks, and jet home. From a privileged vantage point, modern students are trying to extract the stories of people who weren’t allowed to speak. Unfortunately, at at every moment there is the constant reminder that their stories are up against an ocean crossing whose purpose was to deprive them of a history and rob them of a future...
...Emma M. Lind ’09, a Crimson editorial chair, is a history and literature concentrator in Winthrop House. She spent six weeks with the Harvard Study Abroad Program in Ghana this summer, studying slavery and the slave trade in West Africa and the Caribbean