Word: spent
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...these so-called securities are 'mortgage backed' and the mortgages are in default, would the money be better spent just buying up the mortgages themselves instead of the securities? And re-negotiating mortgage rates to make it more likely that homeowners can pay down their mortgages and hold on to their homes? A number of economists think that buying up the mortgages themselves would make more sense. I think the reason Treasury doesn't want to do it is that it would be a far more time-consuming and labor-intensive process than simply buying securities on the open market...
...true American story is not just about facing obstacles, but triumphing over them. It’s not just about growing up in a single-parent family assisted by food stamps, but climbing the ranks at a premier law school. It’s not just about having spent fives years as a prisoner of war, but rising to become a powerful senator who’s spent decades in Washington. Unfortunately, though, we can’t hear about the latter achievements because they alienate the candidate from the people they may one day lead. Empathy and sympathy, necessary...
...high school by Gary Crowton, then the head coach at Brigham Young University. When Crowton was fired, Hatch lost interest in BYU, and Crowton made a call to Murphy suggesting that he take a look at Hatch. A few months later, Hatch was a Harvard student and spent his year in Cambridge practicing with the JV squad.Following his freshman year, Hatch took a leave of absence to go on his Mormon mission, traveling to Chile. While playing in a pickup soccer game there, Hatch tore ligaments in his knee, which forced him to cut short his trip and return...
Three decades ago, before they knew each other, Panja S. Lymswam and Khemachat Kordsomboon emigrated from Thailand to the United States. Since that time, the two have spent the greater part of their time here sharing the food of their homeland with Americans and Harvard students. After having set up three successful eateries in 14 years, the people behind square restaurants Spice Thai Cuisine and 9Tastes—composed of Thai immigrant friends and family members of the two men—are about to open a new restaurant called Shabu Square, which will come to 97 Winthrop Street...
...pursue a career in a market that’s crashing,” Seybould said. “There’s still that stigma that financial services companies are volatile.” Aaron S. Byrd ’05, a tutor in Dunster House who has spent his three years after graduation as an investment banker, said that many students now question the stability of finance as a career choice. “No longer are there these big bastions of finance who have been there forever and pay you a lot to work there...