Word: bankes
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Dates: during 2000-2009
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...back near the November bottom. For stock-market technicians, a so-called double bottom, or return to prior lows, can be a healthy sign of base-building, which can set the stage for a sustained advance. But there are special risks related to any such swoon this time around: Bank stocks are among the market's weakest, and a further drop in their shares could place these institutions in jeopardy. Further, another steep decline in stocks could trigger a new round of redemptions from hedge funds, which in turn could lead to more selling...
...Cash Intricate global networks have helped Iran elude sanctions against doing business in the U.S., according to recent reports. A Jan. 12 study from the Institute for Science and International Security says Iranian firms used Dubai- and Malaysia-based intermediaries to procure bombmaking materials from U.S. companies. Meanwhile, British bank Lloyds TSB admitted in a $350 million U.S. court settlement on Jan. 9 that it had illegally stripped identifying information from bank records so that Iranian entities could do business with U.S. banks. Nine other banks remain under investigation...
...engaging in street fighting with Palestinian militants. The offensive, which has claimed the lives of more than 950 Palestinians and 13 Israelis so far, has hardened attitudes on both sides: numerous civilian deaths have led to an outpouring of support for Hamas among Palestinians in the Fatah-controlled West Bank, while Israelis have united behind their military's efforts...
...academic, Jackson’s research focuses on financial regulation and budget policy. Jackson has advised the United States Treasury Department and the World Bank, among other government agencies...
...obvious solution would be some kind of independent arbiter to establish performance measures and evaluate stimulus projects for timeliness and tails as well as competitiveness and carbon. During his campaign, Obama proposed an infrastructure bank that wouldn't finance projects that don't produce economic or environmental returns. But Oberstar hasn't put in 45 years just to cede power to a commission. "It's like turning around a battleship," Puentes says. "And we just don't have the time...