Word: yes
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Dates: during 2000-2009
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...Yes. This crisis was substantially caused by a failure to manage real estate risk. Notably, we got individual homeowners into a leveraged position typically with their entire life savings in real estate in one city, in one house. That's very risky. I have one proposal for continuous workout mortgages. Right now we think it's a great thing if banks will give struggling homeowners a workout. Why do we only want to come in after the fact? My vision for our future is that it should be planned for and priced into the initial mortgage. We could update mortgages...
...Yes, when you think of the actual pigs that have been slaughtered in a hysteria-prompted move in Israel (no one has yet contracted the illness there), then this seems ... totally insensitive. But to be a little less crass and a bit more instructive, the creators - Immad Akhund, 25 and Jude Gomila, 24, two burgeoning online-game developers - make sure to list some helpful everyday actions suggested by the CDC that can help combat swine flu and give users the chance to donate to the Red Cross. No word on whether any flying green pigs were injured during the making...
...Yes, this is a great opportunity for HBS,” Brown said. “But it is really a way to help people stay in their homes...
...More importantly, these people fail to recognize that teaching morality in a classroom means nothing if you cannot act with the same integrity that you hope to teach. Yes, Harvard must do what it does best—teach, research and foster learning—but we cannot shy away from the responsibility to be an upstanding institution. If Harvard lays off its workers, it will only contribute to the economic crisis of our time. Now, more than ever, is an opportunity for Harvard to stand as an example of moral integrity...
...There has been a misunderstanding," says director Waheed Omer. "We in the government thought the media was too negative, but we were not giving them enough positive information." Speed, he adds, is the second priority. "Yes, we have to check and coordinate information, but this does not mean we can justify not being on time." But with violence worse than ever and elections scheduled for late August, words are getting cheaper. "Ultimately," says Joanna Nathan, a Kabul-based analyst and author of the Crisis Group report, "cleaning up the government and proving that life is better is more important than...