Word: eighting
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...bank Credit Suisse, shows - unsurprisingly - that when modifications involve lower monthly payments, borrowers have much more of a fighting chance. One report, looking at modifications made to a pool of sub-prime loans, found that 44% of loans with increased monthly payments were more than 60 days delinquent within eight months. After that same period, only 15% of loans that had received an interest-rate reduction and 23% in which the principal balance had been reduced were more than 60 days late. But oftentimes these more aggressive changes are not being made. White's study found that only...
...city turned off, citing their possible contribution to the erosion of civil liberties. This move by the council was an overreaction in light of the surveillance program’s scope, purpose, and prior history. Funded by a grant from the Department of Homeland Security, a mere eight cameras were installed around Cambridge in 2008 to aid firefighters and other evacuation personnel in the event of an emergency. For a sizeable community like Cambridge, the cameras’ potential to be life-saving in dire circumstances greatly outweighs their minimal impact on privacy. Most of those in opposition...
...During Obama's presidential bid, DuBois rose to become national director of religious affairs, leading a team of up to eight campaign staffers and hundreds of volunteers...
...office reaching out to Republicans, Obama showed a tougher side on Thursday, telling House Democrats at a retreat in Virginia that Republicans who have been pushing amendments to add more and more tax cuts to the legislation want to return "to the same policies that for the last eight years doubled the national debt and threw our economy into a tailspin." His growing frustration with the stalemate was echoed by Senate majority leader Harry Reid, who insisted that the bargaining could only go on for so long before he would bring the package to the floor for a vote...
This year isn't getting off to a much better start. On Thursday, the government announced a severe drought emergency across eight central provinces. The dry conditions have hit an important grain-growing region south and west of Beijing at a time when the country is struggling to keep unemployment in check. (See pictures of Olympic highs and lows in Beijing...