Word: fact
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Michigan Daily--of which I am the editor in chief--doesn't cover the town [Aug. 17]. A quick glance at MichiganDaily.com would have revealed that the Daily does cover Ann Arbor politics and business along with its extensive coverage of the University of Michigan. We were, in fact, the only publication in the city to officially endorse candidates in recent city-council elections. The Daily may not be a new online operation promising to solve journalism's financial woes, but it has been a consistent and credible source of news in Ann Arbor for more than 119 years. Gary...
...duty cop, has long maintained his innocence. In the first decision of its kind in nearly 50 years, the U.S. Supreme Court is giving him a chance to prove it. The court ordered a federal judge in Georgia to hear new evidence in the case, including the fact that seven of nine key witnesses have recanted their original testimony. The ruling highlighted the Justices' divergent views on death-row appeals: "The substantial risk of putting an innocent man to death clearly provides an adequate justification" for a new hearing, wrote John Paul Stevens. "This Court has never held," dissented Antonin...
...figure out which is better now, start with the fact that in the long run, the costs of owning and renting stay in fairly steady proportion. Economists call this the price-to-rent ratio - take the average cost of buying a house and divide it by what you'd pay in rent in a year. The analysis shop Economy.com calculates that since 1986, the price-to-rent ratio for U.S. cities has averaged 16.5. In other words, the price of a house is the same as what you'd pay to rent it over 16.5 years...
...confounding thing, of course, is that after the bailout of AIG, Goldman got $12.9 billion from AIG in the form of collateral that Goldman already had in its possession and a cash settlement of ongoing margin disputes. "The fact of the matter is, we already had the collateral," Blankfein says. "If AIG had defaulted, guess what - we would have kept the collateral from AIG and from the banks we'd bought protection from. The government's decision to bail out AIG was about the risks to the system. It wasn't about Goldman Sachs...
...bosses. In December 2006, Viniar led a meeting of senior Goldman executives to examine ongoing daily losses in the firm's mortgage portfolio. Goldman had already underwritten and sold billions of dollars' worth of mortgage-backed securities, much of it labeled investment grade by ratings agencies. It was, in fact, junk. But Goldman realized earlier than most that rot was setting in and famously decided to pull back from the mortgage market. The firm then shorted various mortgage-securities indexes - betting that prices would fall - at the very moment that other firms were still making big long bets...