Word: approaches
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...from. Less easy to understand is why Paulson initially stubbornly insisted that the bailout bill be structured as an asset-purchase plan - it's still called the Troubled Asset Relief Program, or TARP - rather than as a straightforward recapitalization of troubled banks. Treasury has since switched to the latter approach, so far putting $216 billion of the TARP hoard into capital injections. On Wednesday, Paulson said that Treasury has concluded that, for the moment at least, buying illiquid mortgage securities "is not the most effective way to use TARP funds." Instead, Treasury will look to help nonbank lenders involved with...
...kept coming back to that phrase, "the facts changed," in what seemed to be a conscious reference to economist John Maynard Keynes' famous line, "When the facts change, I change my mind." As Paulson put it in an answer to another question, "I will never apologize for changing the approach or strategy when the facts change...
...namo and other issues during his time at the Justice Department. The Associated Press, citing unnamed Obama advisers, reported Monday that the President-elect plans to put forward proposals for a new court to handle some Guantánamo cases. But many legal thinkers disagree with such an approach, arguing that all such cases should be prosecuted in federal courts, which have proven effective in many instances. Also, many argue that new national-security courts would likely face the same difficulties as the ongoing Guantánamo tribunals, which have floundered because of procedural snafus while drawing hundreds of constitutional...
...intentions were genuine, and his approach—to address a pressing issue with proactive analysis and creative solutions rather than idle talk and reliance on old thinking—was ideal, if poorly executed in this isolated case.His regrettable and oft-publicized remark aside, Summers applied the same approach of intellectual provocation throughout his stewardship of the University, and with great success. Under his leadership, Harvard’s endowment continued to flourish, the Faculty of Arts and Sciences commenced a full review of the obsolete Core Curriculum, and the revolutionary Harvard Financial Aid Initiative was conceived. Above...
...with the Palestinians, however, may not be the primary security concern on the minds of Israeli voters. Iran's nuclear program is seen as far more menacing than any threat currently emanating from the Palestinians. So, while a majority of voters may incline more toward Livni's two-state approach to peace with the Palestinians, it could yet be swayed by Netanyahu's more hawkish stance on Iran. And then there's the Obama factor. Given Obama's stated preference for dialogue with Tehran, many in Israel are concerned that his Administration may lower the pressure on the regime...