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Freddie lost $1 billion more on bonds tied to short-term loans made to Lehman Brothers. Like Lehman, that investment went belly up. Then there are all the houses it has to repossess as people stop paying their mortgages. The company now owns about 30,000 homes. Maintaining these houses costs about $3,300 a month each, and that comes on top of the loan loss, which is typically about one-third the size of the mortgage. Wave goodbye to another billion...
...Earlier this month, controversy boiled at Dartmouth concerningits newly appointed president, Dr. Jim Yong Kim. An anonymous e-mail referred to Dr. Kim as a “Chinaman” and even went so far as to claim that “Dartmouth is America, not Panda Garden Rice Village Restaurant.” A few days later, xenophobic comments on the Crimson’s website began to circulate over many email lists: “Asians and Indians are not creative and are basically just cookie cutter academic grunts...
...very violent. And that voice is beyond a simple mimic of a strange voice. It's very uncanny, very unnatural. And then, of course, there's vomiting, which is common. Father Carmine saw a case where a woman vomited up a small black toad that was still alive. He went to catch it, and it dissolved into saliva. I had another priest who I talked to who dealt with a woman who vomited up seven little black nails, six of which dissolved into this black liquid. Father Carmine saw a woman vomiting up buckets of human sperm...
...well-respected bullfighters, Paco Camino and José Tomás, went so far as to return their medals (granted in 2004 and 2008, respectively) in protest. According to Vicente, whose agency represents Tomás, the decision was motivated by the latter's "belief that he is a depository for the art of bullfighting, that he has to defend it. José Tomás has nothing against Rivera; he has a problem with the ministry's argument for bestowing the medal on Rivera. It devalues the award...
...political branding: Funes, 49, a former television journalist, is the first FMLN presidential candidate who was never a guerrilla commander. In El Salvador's last presidential election, in 2004, the FMLN led in early polls until it announced its candidate - the former communist and guerrilla chief Schafik Handal - and went on to be crushed by the ARENA incumbent. This time, the right-wing party managed to narrow Funes' early lead in the polls by painting him, often maliciously, as a puppet of the more radical Latin left led by Venezuelan President Hugo Chavez. The Chavez gambit may have helped defeat...