Word: analyst
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...about so-called "counterparty risk" - the possibility of not being repaid - that they have stopped lending to one another, bringing credit markets to a grinding halt. "We know who the strong banks are, but we don't know who the strong banks are exposed to," explains Simon Maughan, banking analyst at MF Global in London. In this treacherous environment, a bank doesn't just worry about its counterparty, he adds, but about its "counterparty's counterparty." The European Central Bank, working together with the Federal Reserve and other central banks, has reacted by making hundreds of billions of dollars readily...
...space lab and will likely feature a lunar landing - was a reminder of the country's growing national might. "There are problems, yes, but the message of this is that the [Communist] Party has the right control policy because of all it has done," says Dean Cheng, China analyst with the CNA Corp., a U.S.-based think tank. Says Joan Johnson-Freese, a space expert at the Naval War College in Newport, R.I.: "The Chinese have read the Apollo playbook. They understand everything the U.S. got from its lunar program...
...estimates--but the deal will almost definitely go through. Nonetheless, Roche will have to work hard to hang on to Genentech's laid-back culture, one that has always attracted top minds. "They know there won't be the same flexibility and creativity Genentech is known for," says biotech analyst Geoff Porges of Sanford C. Bernstein & Co. "Roche is perhaps the industry's most brilliant acquirer, but it has never shown it can innovate internally...
...year losing streak seems like just a few bad days at the office. "I defy anybody to say that there has ever been a team who will be a more sentimental favorite on the American sports scene than the Chicago Cubs will be this year," says Fox baseball analyst Tim McCarver...
...Kayani's priorities, analysts say, is restoring relations with Washington, the source of more than $6 billion in military aid since 2001. "There has been a strain in relations between the Pakistan army and the Pentagon," says Hasan Askari-Rizvi, a military analyst, referring to the recent U.S. unilateral actions that sparked sharp condemnation from Kayani as well as public outrage. "The army wants to deal with this through talks and negotiations. Now, with these promotions, you have a team at the top that is in line with General Kayani's thinking on terrorism and militancy in the tribal areas...