Word: backings
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...Other central banks are making similar calculations, although they are not moving as aggressively - yet. The Bank of Japan will terminate its purchases of corporate debt this December. The Bank of England is cutting back on a program to buy government bonds and commercial paper with newly created money. The European Central Bank is mulling an end to its 12-month loans to banks next year. "Not all our liquidity measures will be needed to the same extent as in the past," says ECB president Jean-Claude Trichet...
...malfunctioning must have devastated many, a recent post on harvardfml said: “I just checked out yalefml and got a page that said 'Site suspended due to high traffic volume. Please check back on Friday, Nov. 6, 2009.' Yesterday was Nov 6. And now I don’t know how else to procrastinate...
...teacher," the letter reads. "Miami-Dade County Public Schools has many resources and opportunities for you to make the most of that awesome responsibility." You have to admit, it's a pretty genius interpretation of that old advertising maxim "Get 'em while they're young." (See the 25 best back-to-school gadgets...
...Malley did not hesitate to push back against the uproar that surrounded the Kennedy funeral. In a Sept. 2 post on CardinalSeansBlog.org - he is the only Cardinal with a blog - O'Malley wrote, "In the strongest terms I disagree" with those who believe Kennedy did not deserve a funeral Mass. "We will not change hearts by turning away from people in their time of need and when they are experiencing grief," he continued. "At times, even in the Church, zeal can lead people to issue harsh judgments and impute the worst motives to one another. These attitudes and practices...
...Malley's statement was followed by another from Bishop Robert Morlino of Madison, Wis., who lamented that "the death of Senator Kennedy has called forth at least an apparent rejection of mercy on the part of not a few Catholics." It was inevitable that Burke would emerge to fire back. At a Sept. 18 dinner in Washington sponsored by the conservative media outlet Inside Catholic, Burke declared that "neither Holy Communion nor funeral rites should be administered to [pro-choice] politicians." The audience gave Burke a prolonged standing ovation. (See the top 10 Jesus films of all time...