Word: argumentatively
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...Wall St.'s primary argument for keeping a high level of compensation for its best investment bankers and traders is that, if they leave, overall losses at banks could get worse. People can be profit centers. The most successful ones help offset the red ink created by the series of poor decisions that big financial firms made about mortgage-backed paper and commercial credit loans. It is easy to assess the value of the best traders by looking at a bank's books. (See pictures of TIME's Wall Street covers...
...government is going to have to come to grips with the fact that banks have to pay the best bankers even if the idea is unpopular. There is nothing new in this argument, but it is extremely urgent that it be resolved. The results of bank "stress tests" are about to come out and some firms will be asked to raise capital. One of the banks' key arguments for keeping new investment to a minimum is that they have some divisions that are highly profitable and will contribute to earnings to help offset losses. Once the government takes away...
...sense, whenever you go and teach, you’re making an argument for the relevance of whatever you’re talking about,” she says...
...think there's anything to the argument that it's just politically impossible to let all these companies go down? That it'd throw so many people out of work that it'd cause social turmoil...
...some quarters, there is skepticism about whether a military response is appropriate. These aren't terrorists, one argument goes, because privation, not politics, is the root of the crisis. To listen to this woolly-headed analysis, you would think piracy was the closest thing Somalis had to a workable aid program. "The threat of death," editorializes the Los Angeles Times, "isn't much of a deterrent to hopeless young Somali men who face a choice between potentially making millions on the high seas or starving on shore...