Word: arguments
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Dates: during 2000-2009
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...billion in derivative contracts. Traders say Goldman Sachs, Citigroup and others have either driven hard bargains with AIG or made specific trades that would benefit from AIG's problems. Those moves are exacerbating the losses at AIG and increasing the cost of the insurer's bailout. "There is an argument to be made that the recent profits at the banks are because of AIG," says Bianco...
...subsidies for such schemes on a regular basis makes him shudder. "There will always be jobs that disappear, and in the long run it's not in our interest to keep them," Philpott says. In many places, in the current dire economic circumstances, that's no longer an argument that carries much weight...
...should return this not with a firm handshake but just a touch). On Wednesday, Michelle Obama put her hand on the Queen only after the Queen had placed her own hand on the First Lady's back as part of their conversation. So there is room for theological argument as to whether the American reciprocity of touch was allowable given the social dynamics of the situation. (Less explicable was when President George W. Bush winked at the Queen.) Still, the sight of anyone apparently touching the Queen with anything more than a limp handshake is enough to send the British...
...America has always debated the primary source of its wealth: capital or labor. And in a way that happens more frequently in literature than in life, Rattner and Bloom are neatly drawn avatars for the opposing sides of that argument. As such, they make a complementary team to resuscitate the moribund automakers. Out of money and out of options, GM and Chrysler can be saved from complete dissolution only by a government effort to reconcile management, workers and creditors to a much-diminished future. If Rattner and Bloom can find common ground, perhaps those dueling interests...
...sided coin. One wears the face of the process of regulation, which has the attraction of costing almost nothing. The other represents the risk that the fruits of regulation could constrict financial market activity so significantly that it undermines the chances for ending the recession. The other argument that the U.S. will not win at the meeting is its position that the medicine of spending tens of billions of dollars to create jobs, cut taxes, and bailout banks is better than the side-effects of having a staggering national debt, a debt which revenue collected...