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...investment bank would have required a U.S. government review, a process that would be much easier for a private deal coming from a close U.S. ally than one coming from a government controlled sovereign wealth fund from China. "You have the [U.S. Treasury Department]asking the taxpayers to absorb all the bad debts from these banks' balance sheets," says a western banker who occasionally advises the CIC, "and then you're going to turn around and sell more of the bank to the Chinese government? That wasn't going to fly in Congress...
...insurance giant American International Group (AIG) on Sept. 16. By the close of business two days later, he was reportedly looking to find a long-term solution to the nation's ongoing credit crisis, buoying markets on rumors that the Treasury would create some sort of government agency to absorb banks' bad debts...
...pasture or farmland to grow animal feed. Livestock takes up a lot of space - nearly one-third of the earth's entire landmass. In Latin America, the FAO estimates that some 70% of former forest cover has been converted for grazing. Lost forest cover heats the planet, because trees absorb CO2 while they're alive - and when they're burned or cut down, the greenhouse gas is released back into the atmosphere...
...particular nature of Harvard’s expansion justified the detailed nature of the scoping determination and would provide the University with much to think about over the coming months. “It’s certainly an ambitious agenda, and there is a lot of material to absorb and comment on,” said Autler, whose agency is responsible for overseeing development projects in the city. Harvard has the additional challenge of building and planning alongside other community development plans, such as the 2004 North Allston Strategic Framework Plan, a document that came out of a series...
...Although the University plans to submit the master plan later than its original projection of this fall, some residents say they still worry that Harvard officials are not affording themselves enough time to absorb the detailed suggestions of the scoping determination...