Word: backlashed
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...Administration's long-awaited plan to save America's banks is being delayed again, government sources tell Time. Fears of an AIG-like backlash among potential private investors, and the difficulty of creating a model to price toxic assets on the banks' balance sheets, have both contributed to the delay, the sources...
...fact, the Federal Reserve had to reassure private investors that they would not be vulnerable to such a backlash when it unveiled a similar government program this week. But that program also had trouble getting off the ground. The Term Asset-Backed Securities Lending Facility, which is designed to spur trading in securitized consumer loans, has gotten off to a slow start, attracting only a handful of applications during the two-day window for participation this week. The total size of the deals fell well-short of the $200 billion the Federal Reserve initially made available for the program...
...that easy. Even if the situation had improved, Ocampo’s individualistic view of the indictment process would still be untenable. It overestimates the impact of one body—whether it is Ocampo or the ICC on al-Bashir or al-Bashir on Darfur. The recent backlash does not invalidate international law as a force of justice. It invalidates international law as a blunt instrument, used by prosecutors like Ocampo...
...have ever heard of,” Higgins said. “Ratatat I’d never heard of, but I listened to their stuff, and it could work. It was interesting. But I just think Sara Bareilles is really lame.”This kind of backlash does cause the members of the CEB to feel like scapegoats. “We have to put up with a lot,” said McFadden, whose dream Yardfest would consist of Kanye West, Jimmy Eat World, and The Decemberists. He recalled being spit on during last fall?...
Chrysler president Thomas LaSorda, himself Canadian born, told a top Parliamentary committee Wednesday night that unless the Canada capitulates, he will move operations to the U.S. and Mexico, a position that has not only infuriated the CAW, but also triggered a public backlash against the teetering automaker. "I'm truly shocked," says analyst Dennis DesRosiers of Richmond Hill, Ont.-based DesRosiers Automotive Consultants. "LaSorda said things I thought I would never hear from an auto executive." The privately owned automaker has not shown the same flash of bravado and temper in dealing with Congress and the United Autoworkers...