Word: baile
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...That dramatic, gilt-edged guarantee (since, even theoretically, it has put U.K. taxpayers on the hook to bail out a business that supposedly lived and died in the free market) was enough to calm the markets Tuesday. While some of the Newcastle-based bank's savers still waited in lines to withdraw their cash, the bank's stock rose 11% in early trading, halting the freefall that has halved its share price since Thursday...
...behalf. He is also a two-time fugitive from justice, who fled a 1992 California fraud conviction in which he pleaded no contest to conning investors out of $1 million to allegedly purchase and resell nonexistent latex gloves. Then earlier this month, he skipped out on $2 million bail and eluded state officials who tried to corral him after learning his whereabouts from press reports about his role in the Clinton campaign. Federal investigators are looking at whether Hsu illegally reimbursed some of the Clinton donors, who include a postal carrier and a homemaker...
...rash of recent defaults has sent the mortgage industry into turmoil. Amidst worries that the mortgage crisis could be causing a general economic slowdown, many argue that an interest rate cut is in order to push the economy back on track. But others say the Fed should not bail out a small segment of investors for their “greed and stupidity.” Harvard instructors including Warburg Professor of Economics Robert J. Barro and Baker Professor of Economics Martin S. Feldstein ’61 said they support a lower interest rate, even though such action...
...maintained that he had procured the weapons to protect his family from threats; his mother Nargis, once a leading actress, was a Muslim. In November 2006, Dutt was exonerated of the terrorism charges but found guilty of possessing a weapon. He began serving his term but was out on bail again last week pending an appeal of his sentence to the Supreme Court...
...Film industry experts, however, have mourned the $25 million and $10 million riding on Dutt's and Khan's still-to-be-shot films. And fans have expressed dismay at the "excessive" sentences. This week's big kerfuffle was over a policeman who hugged Dutt after his release on bail. The officer was suspended for inappropriate behavior, but was later absolved at a local politician's request...