Of course, many people who bought their houses several years ago are still ahead financially, because the sharp run-up in home values is still far greater than the expected decline.
Have you or anyone in your immediate family been hurt financially by the recent sharp drop in stock prices, or not?
He said the owners of the company in Roswell, N.M., Sarah and Ricardo de los Santos, had been struggling financially because of the sharp drop in beef cattle prices over the last three years and could not afford to have the compost and other waste hauled from the facility.
"What is going to cause turbulence is not just the failure of Superior, but also the kind of lending that Superior was doing before it failed," he said, adding that Ms. Pritzker has a reputation as "a very sharp person, financially.
Supporters of the rescue proposal, which is included in a massive package of housing legislation that could be put to a vote in the House as soon as today, hailed Orszag's analysis as a heartening endorsement of the administration's position that Fannie Mae and Freddie Mac remain financially sound despite a sharp drop in share prices and are unlikely to require a federal bailout.
But it also encourages hoarding: the financially solvent notice an asset's sharp increase in value and hoard that asset, inflating the price and their profits at the same time.
Just last week, Gov. David A. Paterson and leading Senate Democrats openly skirmished over how best to prevent sharp service cuts in the financially troubled Metropolitan Transportation Authority.
"No one should ever feel financially excluded from participating actively in Jewish life". Sharp hasn't donated any money to Congregation Beth Adam, but she is contributing website development expertise and shares its education materials with her daughters.
In February 2012, Hon Hai was financially strong enough to acquire a 10% stake in Japan's Sharp, a loss-making world leader in LCD-LED-TV technologies.
Excessive wealth demands a sharp caution at all times, lest you be swindled financially or emotionally.
"I think that there are a number of people who will cast rocks, harpoons, or any other sharp object in my direction because it (the game) did not succeed financially," Arnhym said.
