Word: bankes
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Dates: during 2000-2009
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...which the financially strapped state is issuing in lieu of cash as it grapples with a $24 billion budget crisis--are appearing on websites like Craigslist, where opportunists are buying them at a discount so they can turn a profit when the IOUs come due on Oct. 2. Meanwhile, Bank of America, Wells Fargo and Chase agreed to accept the IOUs at face value through July 10. After that, recipients will have to go to check-cashing storefronts or credit unions, which will take them at a fraction of the full price...
...demonstrate good faith by freezing all settlement construction outside its 1967 borders and that Arab states reciprocate by allowing Israeli commercial planes to use their airspace and by easing up on visa restrictions. Results have been less than encouraging on both counts. (See pictures of life in the West Bank settlements...
...both sides of the divide have lost faith in the concept, but while Israelis are largely content to live with the status quo, Palestinians are not - and they are losing faith in the path of negotiations. The expansion of the Israeli presence in East Jerusalem and the West Bank in recent years has eroded faith in the prospects for a territorially viable Palestinian state; the idea of resolving the conflict on the basis of creating two states - a concept that entered the political mainstream almost two decades ago - may have reached its expiration date...
Muszynski, Josh • dismay of after checking bank account online and finding that use of debit card by to purchase a pack of cigarettes resulted in a charge of more than $23 quadrillion...
...recent crisis has made clear to investors that the firms are considered by U.S. policymakers to be "too big to fail." The crisis has also created a premium for those firms willing to take on more risk in trades. According to company data, Goldman - which converted to a commercial bank at the height of the crisis in order to gain easier access to cheaper government credit - has significantly reduced its leverage ratio, which measures how much money it borrows, from 27.9 at the beginning of 2008 to 14.2 today. At the same time, Goldman has increased the amount of money...