Word: widespreading
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...Perhaps most of all, the financial crisis shakes up a lot of Harvard students because it reminds them they are not invincible. Relatively few Harvard families have been affected by the widespread home foreclosures that have struck the country in the past year. Harvard graduates tend to be among the last people to be affected by a domestic crisis, but the Wall Street shakeup puts them at a center of the storm...
...School of Arts and Sciences, and the Faculty, Faust offered a sobering view of the state of the University’s financial performance during the present downturn. “Like all investments, our endowment has been touched—blown in some ways—hit by widespread losses across the world in investment values,” Faust said, while her colleagues at the head table, many of whom appeared amused at other points in the meeting, sat grim-faced. Harvard’s endowment grew 8.6 percent during the year ending in June 2008, outpacing industry...
...particular, Chambers charged God with “making and continuing to make terroristic threats of grave harm to innumerable persons, including constituents of the Plaintiff who Plaintiff has the duty to represent…[and often causing] calamitous catastrophes resulting in the widespread death, destruction and terrorization of millions upon millions of the Earth’s inhabitants including innocent babes, infants, children, the aged and infirm without mercy or distinction...
...housing market, stupid." That's what an increasing number of policymakers and economists are saying as they push for widespread mortgage modifications as a way to address a root cause of the financial crisis. With more than 1.5 million houses in foreclosure (three times the normal rate) and about 3.5 million other homeowners behind on mortgage payments, the idea of rewriting loan terms has broad appeal. As advocates contend, homeowners will keep their houses, and lenders as well as investors in mortgage-related securities will recoup more money than is typically netted in a foreclosure. As a bonus, property prices...
...practices, and protecting them from corrupt officials who are threatened by clean cops. They compare Bala Beluk to 1970s New York City, with its toxic mix of gang warfare, corruption, organized crime and drug commerce. Khodaydad, they say, is an Afghan Frank Serpico, the cop who exposed systematic and widespread corruption within the city's police ranks, and was shot by heroin dealers in what was thought to have been a hit organized by corrupt colleagues. Khodaydad is the only non-commissioned officer in Afghanistan to have risen to the rank of police chief, which he did with the support...