Word: facedness
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“JP Morgan faced a situation fraught with the risks and potential rewards that come with buying a company with $395 billion in total assets,” he said, “Were these assets valued at the right level, and if so, how much could the...
To put the bailout plan in some kind of perspective: Paulson would rule over a pile of assets that exceeds the annual Pentagon budget of $507 billion by nearly 50%. For at least the next year, and perhaps for years after, Treasury's spending authority will make it harder for...
CERN spokesman James Gillies called the fault a "teething problem" and said that previous accelerators that used superconductivity - i.e., low temperatures that allow metals to conduct electricity without resistance - also faced early problems before "running pretty smoothly after they were sorted out." Even so, "it's certainly a disappointment," he...
Editor's Note: This weekend marks the 25th anniversary of the Harvard Gay & Lesbian Caucus. The Crimson Editorial Board has taken this opportunity to compile a series of op-eds written by and about members of the Lesbian, Gay, Bisexual, and Transgender (LGBT) community at Harvard, past and present.The perspectives...
But even with a new face as prime minister, Japan's old problems remain. Aso says he will focus on the country's fragile economy - Japan's budget deficit totals about 170% of GDP, by far the highest among developed economies. Meanwhile, the country's growth is threatened by a...