Word: bankses
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The Administration is now doing this, but three questions are raised: Was it a fair deal to the taxpayer? The answer to that seems fairly clear: taxpayers got a raw deal, evident by comparing the terms of Warren Buffet's injection of $5 billion into Goldman Sachs, and the terms...
4 Restore confidence through regulatory reform. Underlying the problems are banks' bad decisions and regulatory failures. These must be addressed if confidence in our financial system is to be restored. Corporate-governance structures that lead to flawed incentive structures designed to generously reward ceos should be changed and so should...
Going Forward The next U.S. President will have a very hard time of it. Even the most well-thought-out plans may not work as intended. But I am confident that a comprehensive program along the lines I have suggested - stemming foreclosures, recapitalizing banks, stimulating the economy, protecting the unemployed...
Banks •nationalization of
Long before a government report confirmed it, villagers living along the banks of the Thi Vai river in the Mekong Delta knew full well that the waterway was dead. They had complained for years that industrial waste discharged into the Thi Vai had poisoned their wells, killed all the fish...