Word: woodses
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In other words, the trauma is far from over. Just consider the uptick in the delinquency rate of loans written in 2003 and 2004. A borrower who falls behind on payments typically does so within the first two or three years, but now the problems are reaching ever further back...
Yet regulators around the world were already jointly setting bank-capital standards before the current crisis hit. A lot of good that did us. So there is also much talk about the need for a new architecture--"a new Bretton Woods" was a phrase that echoed around Davos--to rein...
Bretton Woods is the mountain resort in New Hampshire where in 1944 the Allied nations met--with the U.S. calling almost all the shots--to plan a postwar financial system. The Bretton Woods creations included the International Monetary Fund (IMF), the World Bank and a quarter-century of fixed exchange...
Stripped of his tuxedo, Aston Martin, and martini, the newest James Bond still maintains an heroic persona in his latest film, “Defiance.” While the movie’s Holocaust setting might arouse the expectation of another horrifying display of Nazi actions (as in ?...
The Pittsburgh Steelers will win the Superbowl, the Los Angeles Lakers will win the NBA Finals, Tiger Woods will win the British Open, and the Yankees… will not win the World Series.