Word: went
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...Although a CDS is, in its simplest form, an insurance policy, AIG was selling something far more exotic. Say you buy a house and insure it. The insurer doesn't offer the same policy on your house to everyone else in the neighborhood; if it did and your house went up in flames, the insurer could get wiped out. In its CDS contracts, though, AIG wrote multiple insurance policies covering the same underlying package of increasingly toxic assets. In essence, it was underwriting systemic risk. This is the opposite of what insurance companies are supposed to do: diversify risk across...
That plan went nowhere, and in mid-February Geithner announced that the government would design a partnership between private investors and the feds that would kick-start a trading market for the assets. But figuring out what mix of incentives and restraints should be written into the program has proved extremely tricky...
...were randomly assigned to receive regular PSA tests and physical exams. Since investigators could not ethically recommend that the other group not receive the screenings - which are, for now, considered the first defense against prostate cancer - they were simply given no particular recommendation at all. Half that group went ahead and had the exams on their own, and the remaining...
...came up with a game plan: e-mail my top results, set up some dates over the next week, and see how things went. I opened up my Facebook profile so they could see what they were getting themselves into. None of the girls knew I was asking my other results. None of them knew that they would end up—anonymously?...
...helping to end the Cold War: Pope John Paul II. Giansanti traveled the world with the globetrotting Pontiff and, while he was on the other side of Rome when the attempt was made on the Pope's life, Giansanti was among the photographers at Rebibbia prison when John Paul went to forgive his would-be assassin, Mehmet Ali Agca. Giansanti's large portfolio of images of the Polish Pope at work and prayer in the Vatican were integral to TIME when the magazine made the Supreme Pontiff its 1994 Man of the Year. (See Giansanti's 1994 photograph of John...