Word: afforded
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...ever. Insurance companies can handle catastrophic risk but not systemic risk. That's why you can buy hurricane insurance from private companies but not terrorism insurance. Only a government can take on that risk. At its most basic, AIG took on colossal risks that it could not afford...
...Obama even turned a profit on the transaction: See, he's big enough to admit mistakes, the commentariat cheered. It would help his rescue team if the bailed-out bankers followed his lead, stepped up, helped out, for we are in a race against chaos and Obama can't afford a populist headwind. But instead they dodge and weave and work the system, and the parade of titans called to account before congressional committees say things like "I am not in a position to comment in any depth on the subprime crisis, particularly because of pending litigation...
...settle for a pageant of public shaming, in which the scoundrels must beg forgiveness and make amends; we'd claw back those bonuses, foreclose on their castles, auction their toys, watch the once mighty prowl a grocery aisle calculating whether they can afford the big box of cereal that is a better deal but ties up more capital. It might appease our restless animal spirits for a time; biologists have found that receiving an apology affects blood chemistry, slows the heart rate and calms our breathing - all much needed at a moment of national fibrillation. Chimpanzees apologize, or at least...
...slim lead from dwindling even further—a less than ideal finish that left Harvard with a bittersweet victory.“We didn’t have enough intensity, and [we] played down to the level of our opponent,” Martin said.The Crimson cannot afford do the same at 1 p.m. Saturday, when it takes on nationally-ranked crosstown rival Boston University at Nickerson Field.—Staff writer Dennis J. Zheng can be reached at dzheng12@college.harvard.edu...
...health-care costs, and so it has a vested interest in the Administration's efforts at health-care reform. The same cannot be said for Obama's plans to cap carbon emissions, which many have argued will amount to an expensive new tax that businesses and consumers can ill afford during such hard times. (See how the U.S. can win the war against global warming...