Word: almostly
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Raising and strictly enforcing capital requirements is vital to creating a more stable financial system. During the financial crisis, plummeting assets and the consequential market panic caused almost every major bank to fear for its solvency. Had there been more stringent capital requirements, banks would not have been in such dire trouble. As Alan Greenspan notes in his recent paper on the crisis, while requirements should not be onerous, they should leave banks in a position to effectively manage during most crises. The current legislation in the Senate directs regulators to enforce higher capital requirements but without specific capital levels...
...open a brothel. For Breitbart, the videos proved to be a gold mine, putting the left on the defensive and Big Government on the map. That the filmmakers were accused of entrapping their subjects and editing in footage of O'Keefe dressed as a pimp seemed almost beside the point...
...year after Harvard’s endowment plummeted 27 percent—losing almost $11 billion—University President Drew G. Faust told reporters in Shanghai last week that she expects a better year for the University’s coffers...
...historic health care reform vote, Barack Obama made his final argument in favor of the bill to the Democratic members of Congress. "I am not bound to win," he began, quoting Abraham Lincoln, "but I am bound to be true." The next 45 minutes provided a rare, true, almost private glimpse of American politics. Some said they had never seen the President so passionate - although Obama's version of passion is much calmer than most. He did many of the things expected in a pep talk. He made the substantive case for the bill. He jabbed the hyperbolic Republicans...
...last war fought between India and China was almost 50 years ago. How much of a strain is its legacy? Ever since the 1962 war, both sides have been extremely cautious and suspicious of each other. There has been no resolution to the border issue [over remote, heavily militarized territories in the Himalayas] in spite of numerous rounds of negotiations and tensions that have flared recently. It's a kind of historic scar that impedes progress...