Word: worthely
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Canada's banks make bad investments on occasion. When Toronto-based CIBC, Canada's most aggressive big bank, took $3.5 billion in charges against the U.S. subprime debacle, federal regulators quickly arrived on the scene. But here's the difference: CIBC ended up selling $2.94 billion worth of its own shares in the first quarter of this year to shore up capital reserves. "The relationship between government and banks is a positive one," says Minister of Finance Jim Flaherty. "We have a lot of discussions and regular meetings. The common goal is a sound financial system...
...Calif, agent came into the business shortly before the top of the market then saw his sales drop off in 2006. Next, he lost his house. Payments on his adjustable rate mortgage jumped from $1,300 a month to $2,000. Cooper, who owed more than the home was worth, let the house go into foreclosure...
...Cooper's own experience with foreclosure may be making him a better real estate agent. He now specializes in selling homes where the buyer owes more than the house is worth. He has closed 18 sales so far this year, and believes he will complete another 4 transactions in the next month. "I'm the busiest I have ever been," says Cooper...
...were hardworking and fun personalities.” Even after the loss on Saturday, Romanelli had a smile on her face. Taking their last jog together hand-in-hand with their team after the game, the five seniors left the field with hugs from fellow teammates and four years worth of memories. “It’s really sad,” Romanelli said, reminiscing about her college career. “It’s been a long four years. I’ve learned a lot, and my team is amazing. I’ll miss...
Cold War. Now that we seem to be at odds with Russia again, it might be worth checking out the design show Cold War Modern: Design 1945-1970 at London's V&A Museum. The exhibit features architecture, film and pop culture on both sides of the Iron Curtain. From Sputnik and the first images from space to Stanley Kubrick films, paintings by Rauchenger and renderings of Buckminster Fuller's 1962 plans for a geodesic Dome over Manhattan, the pieces all work together to present a snapshot of the Cold War era. Through Jan. 11. Cromwell Road, London...