Word: windings
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Washington, D.C., May 27, 2025. Just four months into his first term, President Scott P. Brown faces what is rapidly becoming a severe financial crisis, with the collapse yesterday of yet another Stable Wind Farm Trust. The failed institution, Magna-SWIFT, is the largest thus far, with over $90 billion in assets. Rumors also continued to swirl about the condition of the Houston Power House, one of the nation’s largest clearinghouses specializing in weather and power derivatives. Experts warned that a major clearinghouse failure could have devastating implications...
...prepared statement, Treasury Secretary N. Gregory Mankiw urged investors to remain calm. Secretary Mankiw also noted the strong balance-sheet positions of the nation’s leading commercial banks, including Citigroup, J.P. Morgan, Goldman Sachs, and Bank of America. None of these banks have participated materially in the wind-farm boom of the past several years, and all maintain equity capital levels well in excess of the minimum regulatory requirement of 15 percent...
...work upon my back has weighed like the world upon Atlas, the façade of Widener Library, looming closer with each step, has often seemed to be opening its palatial, ravenous jaws to swallow me whole for untold hours. Other days, particularly in winter when the icy wind rips through Tercentenary Theater and Widener’s windows exude a warm, promising glow, walking into the library is like entering a warm embrace. Whether monstrous or motherly, it is this fickle-tempered friend that has nonetheless been a constant presence in my four years at Harvard...
...team’s struggles in the wind won’t dampen its season too much, though, because the Crimson managed to qualify for the ICSA Dinghy National Championships with its top-five finish in last weekend’s Western Semi Finals in Seattle. While the weekend’s struggles may have slowed momentum slightly, the Fowle Trophy also gave Harvard a chance to continue to learn before it hits the water on the biggest stage...
...ready to compete. Co-captain Jack Brady, in the first event of the championships, placed third in the men’s hammer throw with a distance of 60.48 meters. Brady’s throw, a personal best, rested just 0.28 meters behind the second-place effort, despite high wind at Princeton’s Weaver Stadium...