Word: viewings
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...Lewis looks out over the expanse of Central Park - a panoramic view he calls the most beautiful in the world - and describes the last time he exercised that skill. About a month ago, the CEO of Countrywide Financial, Angelo Mozilo, called him to ask for help. The beaten-down mortgage lender, whipping boy for everything that went wrong in last year's mortgage meltdown, was facing rumors of bankruptcy after burning through an $11.5 billion credit line. Lewis had already invested $2 billion of his company's money in Countrywide, a sum by then worth half of that...
...serious are the consequences likely to be? Much more could go wrong: a collapse of the dollar, or of U.S. consumer confidence as house prices continue their fall. But on balance, the denizens of Davos would be well advised to keep up their sunny spirits. Taking the long view, the global economy is at a remarkable moment. Whatever the chance of a recession this year, the U.S. has experienced what the economist and former Under Secretary of the Treasury for International Affairs John B. Taylor of Stanford University calls a "long boom" since the Fed started to squeeze inflation...
...most successful province in Afghanistan. Even so, conditions are far from ideal. Sarwary's tiny school doesn't have enough classrooms: second-graders huddle in a ragged tent in the courtyard, where a torn strip of khaki canvas hangs between rusting metal struts, blocking many of the girls' view of the blackboard. The fierce desert wind howls through the holes and threatens to tear the class's one textbook from the students' hands as they pass it around for reading lessons. There is no playground or running water. The toilet, a pit latrine located at the far corner...
Indeed, the very things that helped Romney handily defeat McCain by almost ten percentage points - his more optimistic view of the economic future and claims that the auto industry's jobs could be saved - could look to some voters like the worst kind of political pandering; in other words, the same old Mitt...
...Charlesworth, who is also a Methodist minister, says that the possible discovery of Christ's tomb will elicit mixed reactions among Christians. Most, he believes, will view it positively. The faith of some believers, he says, will be buoyed by historical proof that Christ, the son of Joseph and Mary, did exist. "I don't think it will undermine belief in the resurrection, only that Jesus rose as a spiritual body, not in the flesh." He adds: "Christianity is a strong religion, based on faith and experience, and I don't think that any discovery by archeologists will change that...