Word: subs
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Dates: during 2000-2009
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Neither Levine nor Diamond claims that Jewish participants in, say, the sub-prime mortgage crisis have been more virtuous than non-Jews. But both are inclined to analyse it through the lens of Jewish law, especially regarding proper financial disclosure, on which so much of the current fiasco has hinged. Here are some of the ancient principles they feel are applicable to today's bad news...
...public. However, there is a heavy responsibility on the groom: if he has relatives who could have observed the disfigurement by checking out his fiance in the womens' bath but neglected to do have them do so, he can't complain. This suggests (feminist complaints notwithstanding) that culpability in sub-prime crisis does not lie solely on the mortgage broker who glided over the fact that payments ballooned in the third year; but also on the buyer who happily neglected to read the fine print: : "Ignorance of the facts is no defense," Diamond says...
...Lowdown: Watts is intent on exploring the deeper meaning of Hefner's popularity and securing the publisher's place in America's cultural history. But he takes this admirable impulse too far. Nearly every chapter sub-section ends with a sweeping pronouncement: "Hefner and Playboy's social and political orientation in the early 1960s reflected a Kennedyesque sensibility," he writes in a typical summation. The effect can be grating-a magazine which calls the naked librarian gracing its pages "as dewy as a decimal system" cannot then be said to embody the Cold War ideological gulf demonstrated by Nixon...
...corporations,” attracted a gathering of students, musicians and other impassioned demonstrators. The protest—spearheaded by Rising Tide Boston, a local climate activism group, and Rainforest Action Network, a national organization—addressed a range of issues, from climate crisis to sub-prime mortgages, and the Wall Street bailout to the Iraq War. Ananda L. Tan, a member of RAN and the spokesperson for the event, said the protestors’ goal was to “build awareness that large banks are endangering the public, predominantly poor communities and communities of color...
...billion in taxpayers' money to secure it. Their emergency rescue plan was hatched over weeks but finalized in such a hurry that bleary officials labored overnight to finish it before the skittish markets opened. At a morning press conference, both men maintained that the problem started with the U.S. sub-prime crisis; Brown refused to answer questions about how Labour policy over more than 10 years in office might have contributed to the situation. "This is the time to talk about the future," he said...