Word: bond
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...addition, Citigroup holds $172 billion in loans to corporations. In general, corporate bonds have not fallen a lot because there have not been many defaults. The aggregate Barclays corporate bond index is down 3%. Still, because of the size of Citigroup's loan book, wave goodbye to another $5 billion...
...story, though, is high-concept and high-maintenance. In the Bond-worthy opening action scene, Bolt (voiced by John Travolta) is introduced as a Superdog: faster than Speed Racer, more powerful than Benji, able to hold a dangling car between his teeth, plus his gifts of bent-track laser-vision and the amazing thunder bark - all to help his "human," Penny (Miley Cyrus), escape an army of bad guys. He could be the family dog of the Incredibles. What Bolt doesn't know, yet, is that all this mayhem and all his powers are fake. He's the star...
...knows what's at stake and has seen firsthand the personal toll of the war. Odierno's son Tony lost his left arm when a rocket-propelled grenade blew up his humvee in Baghdad in 2004. The general says his son's injury has given him a bond with other parents who have had a child injured in combat. "I understand," he says, "what the costs of this fight...
...Certainly Michigan Senators Carl Levin and Debbie Stabenow - along with three of their colleagues from other states whose economies depend on the auto industry, including Republicans Kit Bond of Missouri and George Voinovich of Ohio - felt their plan was sufficient. At a much subdued press conference held right after Reid and Pelosi's wrapped up, they unveiled their compromise, which would pull the $25 billion from a fund approved earlier this year to help the auto industry develop more fuel-efficient cars; that notion had actually been pushed by Republicans earlier in the week, but until Thursday, Democrats had contended...
...Ferguson traced the historical development of the modern financial system. “He bridges two disciplines in a way that makes him really insightful,” said Edwin O. Robinson, an attendee, after the talk. Ferguson questioned the global appetite for U.S. debt, adding that the global bond market that has financed American deficit spending may not be willing to continue buying Treasury Bonds. He characterized the relationship between the United States and its foreign creditors as a marriage of convenience. “The U.S.-China marriage is in fact like many marriages: One partner does...