Word: towards
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Dates: during 1990-1999
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Credit risk is the problem that American banks are facing. Buried deep within the arcane bank statements filed with the Securities and Exchange Commission is evidence of a potential chain reaction of derivatives heading toward an explosion. "I've been an analyst for almost 20 years now," says Charles Peabody, of Mitchell Securities, a brokerage firm in New York City. "Analysts like myself are learning for the first time how derivatives behave in bad times. I think we've just seen the tip of the iceberg of the problems with derivatives...
...life in the Dust Bowl during the Great Depression? Or to growing up almost anywhere in the developing world today? In 1998, in an America presided over by the quintessential Mark Twain character Bill Clinton (an irrepressible trickster out of Arkansas with late-adolescent hormones), the Dow noses up toward 10,000, and this spring's college graduates emerge into the best job market in years. If this is "harder," then send my generals a case...
This passage captures the ironic, skeptical attitude Lucas tries to maintain toward religious enthusiasms and mania. But he is also emotionally drawn to the subject. He starts research on a book about the Jerusalem Syndrome just as a dramatic instance of it--a plan, no less, to blow up the mosques on the Temple Mount--begins to engulf people he knows and eventually him as well...
...always the rule, of course: the Dave Matthews Band's uneven new CD, Before These Crowded Streets, just debuted atop the Billboard charts, helped by a loyal fan following established through constant, Grateful Dead-like touring. It would be fascinating to see Garbage also buck the trend toward planned pop obsolescence and develop some of their intriguing, still coalescing, musical ideas...
...their son Michael, 13, a unique birthday present. In August he will take part in a special five-day space-camp program sponsored by NASA. At one point, he will be put behind the controls of a small two-person propeller plane for 30 minutes and will receive credit toward a private pilot's license. "Our son wants to be a pilot someday, and he is just so excited about taking part in this," says Joanne McAvoy. "I never would have thought you could do something so different through a charge-card program...