Word: felling
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...getting off the ground. The Term Asset-Backed Securities Lending Facility, which is designed to spur trading in securitized consumer loans, has gotten off to a slow start, attracting only a handful of applications during the two-day window for participation this week. The total size of the deals fell well-short of the $200 billion the Federal Reserve initially made available for the program, let alone the $1 trillion to which the Fed eventually raised the ceiling...
...North Atlantic Treaty Organization, formed in 1949 to counter Soviet expansion into the heart of Europe, started winning 20 years ago, when the Berlin Wall fell, and with it all those Soviet-installed regimes between Berlin and Sofia. So the old lady, now celebrating her 60th birthday in fine health, should have died a long time ago. When exactly? A fitting year could have been 1991, when the Soviet Union committed suicide. Or three years later, when the last Russian troops pulled out of Central Europe. No more threat, no more alliance...
...challenges for nonprofits. They can't pay the rent with volunteer hours. One in two nonprofits says its funding has fallen, according to "The Quiet Crisis," a new report by Civic Enterprises, a social-issues think tank. When the economy was this rotten in the early 1970s, charitable giving fell more than 9%, adjusted for inflation. Experts believe something like that will occur in this recession...
South Carolina has reflected the overall trend of falling teen-sex statistics: birthrates in the state fell 27% from 1991 to 2006. But it still lags behind, with teen birthrates almost 12 points above the national average. Those numbers alarmed a group of women at the local United Way in Anderson County, a semirural, conservative community that is home to 175,000 people. So in 2004 they contacted Impact, a teen-pregnancy-prevention organization in the area, to find out what they could do to help. "They had a curriculum," remembers Carol Burdette, executive director of United Way of Anderson...
...economic rebound. “Ultimately, we’re going to have to adapt to a new economic reality,” Shore said. “The question is, how do you start to get back to a more sustainable place?” Since the endowment fell 22 percent in four months last year from its peak value of $36.9 billion, University President Drew G. Faust has repeatedly stated that the University estimates a 30 percent decline in endowment value by June 30. The Corporation—Harvard’s highest governing body—adjusts...