Word: poorly
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Eventually, those markets stopped working so well. The collapse of a U.S. subprime mortgage sector built on lending to home buyers with poor credit histories has given global credit markets the jitters. With that risky debt spliced, repackaged and sold around the world, uncertainty over just who was exposed to the debt - and to what extent - meant that rather than lending around their cash, banks have taken to hoarding...
...would any drug company want to do business in Africa? To be a pharmaceutical giant on the continent is to be accused of discriminating against the poor, either by pricing medicine beyond their reach or by ignoring diseases that are endemic in poverty-stricken areas. It is also to invite suspicion of using Africans as guinea pigs in unsafe drug trials - such allegations have led to ongoing lawsuits seeking more than $9 billion against Pfizer in Nigeria. (Pfizer says the allegations "are simply untrue" and is fighting the charges against a trial it calls "responsible and ethical...
...only city cracking down on fatty foods: Berkeley and Arcata, Calif., limit greasy chains, while certain districts of Port Jefferson, N.Y.; Concord, Mass.; and Calistoga, Calif., ban them entirely. But critics say L.A. is ignoring a bigger issue: poverty. About 28% of its residents are poor, and fast food is a cheap dinner...
...like the postcollegiate playground of a Silicon Valley start-up. Meetings seem to happen as often over cubicle walls as in boardrooms. Goldman employees come back from business trips abroad with a pound of Starbucks coffee for the office. On weekends, you'll find them building houses for the poor or taking the kids to the Entwistles' for Saturday brunch. Every Monday morning, Entwistle gathers the troops. "He calls on even the most junior people to talk," says associate Anjali Talera, "and everyone's contribution is treated as equally crucial." A local hire from Merrill Lynch, Talera says that feeling...
...regard. I am taking two classes this semester which require students to purchase a coursepack (still not available online) in addition to multiple books. The prices for these coursepacks: $203 and $170. Lucky for me, my fantastic parents often reimburse me for my book expenditures. For students, rich and poor, who are paying out of pocket, this is simply unacceptable...