Word: allowances
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...Moreover, the specter of insolvency might be looming for some institutions. That calls for a plan to treat zombie banks, one that does not involve more taxpayer money again. This is why it is imperative that Congress proceeds to pass new insolvency-regime legislation to allow for orderly receivership of complex financial institutions...
...with mixed emotions that I have decided to announce formally that as of June 30th, I will no longer serve as the Allston Burr Resident Dean. I believe this decision will allow me to direct my energies more deliberately and productively to my family, friends, and scholarly pursuits...
Official recognition for ROTC could help facilitate transfer of course credit for ROTC classes taken at MIT, allow financial support from Harvard for cross-registration, and mean the removal of language in the student handbook that says military and ROTC policies excluding openly gay people are “inconsistent with Harvard’s values...
...open secret for some years now that the U.S. deems President Hamid Karzai incapable of delivering the sort of governance essential to winning the war against the Taliban. His administration is notoriously corrupt, dependent on the support of unsavory warlords - some of whom are no more inclined to allow girls to go to school than is the Taliban - and may possibly even be in league with drug traffickers. And yet, this week's news that Gul Agha Sherzai, seen by many Western diplomats as a favored challenger to Karzai, had chosen not to stand in the August election seems...
...December that will have all U.S. troops out of his country by the end of 2011, Maliki appears less willing than ever to accept Washington's political tutelage. But the way he's doing things may not be the way the U.S. would want them to be done to allow for a satisfactory outcome in Iraq...