Word: assessments
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...companies, Indonesia closed 16 banks two months later, and South Korea closed 14 merchant banks in December 1997, according to Merrill Lynch. Others were sold or merged. Those that survived cleaned up their act. Credit analysts are more thoroughly trained and better technology systems allow managers to more carefully assess the risk in their portfolios. As a result, Asia's financial institutions are much more conservative than in the past...
...great majority of Americans who don't happen to work in the financial industry, the ramifications of all this turmoil on Wall Street remain hard to assess. ATMs are still dispensing cash, credit card offers keep arriving in the mail, and it's not even all that hard to get a mortgage - if your credit's okay and you can actually afford the monthly payments. There is less lending overall, and that depresses economic activity. But with oil prices dropping again today, the single greatest scourge of American consumers this year - the high price of gasoline...
...Reilly at least gave Obama props for that. In typical O'Reillian fashion, the host had two analysts on immediately after the segment, essentially to assess how well he had interviewed Obama (verdict: great!), and O'Reilly praised him for coming onto the show. "He's a tough guy, Obama ... I looked at him eye to eye - he's not a wimpy...
...What you've got to do is put your country first, especially when two million people are being displaced by such a catastrophe," said Representative Heather A. Wilson of New Mexico. "We need to put our politics aside and assess the situation day-by-day to make final decisions. I think that we've certainly made the right decisions...
Pollard says it's too soon to tell how hard his county - which has a population of 175,000 and encompasses the cities of Gulfport, Biloxi, D'Iberville, Long Beach and Pass Christian - was hit by Gustav. Teams are just beginning to assess the damage, and it will be several days before a real picture of the hurricane's impact emerges...