Word: avoid
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...avoid the fate of Lehman or Bear, the firm's board may feel like it needs to do something to boost it's stock price. One option would be to boot chief executive Vikram Pandit. Some on Wall Street believe Pandit has not been quick enough to react to the problems of the firm and could still be in denial. On Friday, Pandit told top executives that he doesn't believe Citi needs to sell off parts of its business to raise capital. Investors don't seem to agree. The stock fell on the news...
...risks of unabated climate change are frightening: A detailed new study from the University of California, Berkeley, predicts that severe warming could cost California alone up to $50 billion annually, due chiefly to weather damage. "We have to have the foresight to avoid this crash," says David Roland-Holst, a professor of economics at Berkeley and the author of the report. The question is: Do Obama - and other world leaders - possess that foresight...
...ferocity of the downturn under way, and the downward pressure it is putting on prices, cannot be underestimated, argues Shanghai-based independent economist Andy Xie. "The world doesn't need to just throw the kitchen sink at this to avoid a disastrous deflation, it needs to throw the bathroom sink, and the garage sink, and any other sink it can find." And it needs to hurry...
...feel better about yourself. In fact I’ll give you three reasons why your life couldn’t possibly suck as much as this CD: 1. That stack of work might seem daunting, but at least you’re being kept busy enough to avoid such poor decisions as The Fireman just made. Paul McCartney seems to have far too much time on his hands. The release of “Electric Arguments” by The Fireman marks the third time Paul McCartney has inexplicably decided to team up with 47-year-old musician...
...force more concessions out of Zanu-PF as the price for joining a government. Unless a government that includes the MDC can be formed in the next few months, most experts agree, Zimbabwe's future looks dire. Without the MDC, "Mugabe won't be able to change anything to avoid disaster," says Sisulu. "He will have to keep ruling through violence." And while he has proved all too willing to unleash his security forces on opposition supporters, at some point the economic collapse could begin to eat into the loyalty of rank-and-file soldiers and policemen...