Word: brinkly
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Collins, Gail •says of Bush's speech, "There is, in a way, a kind of talent required to tell the nation that it's teetering on the brink of disaster in a way that makes the viewers' attention wander...
...members would then be forced to vote for or against the budget along with the bailout, giving them a measure of political cover. In the end such an approach may be the only viable way out of a fine mess that has left markets reeling, the economy on the brink of collapse and Washington looking once again like the dysfunctional place that both Barack Obama and John McCain have pledged to change...
...North Korea's Dear Leader, Kim Jong Il, may have suffered a debilitating stroke (which North Korean officials deny), Pyongyang confirmed on Sept. 19 - again, without Kim present -that it was preparing to restart its nuclear reactor. With North Korea a fragile state whose population hovers constantly on the brink of famine and with no clear successor to Kim in place, the only thing more frightening than a rogue nation with him at the helm could be one without...
...make sure that swap meisters can make good on their obligations, they have to post collateral. If their credit is downgraded - as was the case with AIG - they have to post more collateral. What put AIG on the brink was that it had to post $14 billion overnight, which of course it didn't have lying around. Next week, the looming downgrades might have forced it to come up with $250 billion. (No, that's not a typographical mistake; it's a real number.) Hence the action. If AIG croaked, all the players who thought they had their bets hedged...
...turned into the worst financial crises in decades, forcing the bankruptcy of a major investment bank, the merger of one more, and a government bailout of Fannie Mae, Freddie Mac, and the American Insurance Group—pillars of American financial markets that have been teetering on the brink of collapse...