Word: tore
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...billion loan to the American Insurance Group, Inc., a global insurance company whose near-collapse some feared would send the financial system into a tailspin. The headline-grabbing failures follow a year-long financial decline, caused by unexpectedly high rates of home loan defaults that tore through the economy and wiped out billions in capital. The downturn accelerated in recent months as lenders spooked by steep losses and high-profile bank failures have tightened their purse strings. Worried that recent high-profile failures could spread and freeze financial markets, Treasury Secretary Henry M. Paulson Jr. announced the plan now under...
...forgotten, Olympic tennis player James Blake, currently ranked 10th in the world, tore up the Ivy League for two years before going...
...first collegiate competition, Cho (73-75-148) finished second overall. “It’s just a sign of what she’s going to contribute this year,” Rhoads said of Cho’s performance. While her teammates struggled on Saturday, Cho tore up the course with a round of 73. After another solid round yesterday, Cho ended regulation play tied for first. She parred the playoff hole, but her opponent, Katelynn Mannix of Siena College, made birdie to take the individual crown. After her great performance, Cho noted her teammates?...
...percent of peer investment groups as measured by the Trust Universe Comparison Service and far outpaces the group’s median return of -4.4 percent over the year. Financial markets have declined dramatically in the past 12 months as the effects of high rates of home loan defaults tore through the economy, wiping out billions in capital. Among the first casualties of the distress on Wall Street was Sowood Capital Management, a Boston-based hedge fund founded by ex-Harvard investment managers, that folded last July and took $350 million of Harvard’s money with it. Despite...
...tore Obama apart in her speech and has set this election on our terms...