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Word: capitale (lookup in dictionary) (lookup stats)
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The abridged description of the case against GE is simple. The assets of its financial unit, GECS, will suffer from high default rates as the recession undermines the ability of its business and consumer customers to pay their bills. A Deutsche Bank analyst recently wrote that GE Capital has zero...

Author: /time Magazine | Title: In Defense of General Electric | 2/24/2009 | See Source »

According to CNBC, AIG is about to post another huge loss. "Sources close to the company said the loss will be near $60 billion due to writedowns on a variety of assets including commercial real estate." The financial channel also reports that the need for capital may be so great...

Author: /time Magazine | Title: AIG's Distress: Are There Enough Fingers for This Dike? | 2/24/2009 | See Source »

It is actually worth imagining. The government has so many balls in the air between the financial systems and deteriorating parts of the industrial sector that it may not have either the capital or intellectual capacity to go around. The Treasury has just appointed a prominent investment banker to help...

Author: /time Magazine | Title: AIG's Distress: Are There Enough Fingers for This Dike? | 2/24/2009 | See Source »

At the head of the former line is beleaguered giant Citigroup, which is currently negotiating with the Treasury Department to swap common stock in the company for some of the $45 billion in preferred stock that the government has purchased so far to shore up the bank's finances. The...

Author: /time Magazine | Title: The Beleaguered Banks Get Ready for Their Big Test | 2/24/2009 | See Source »

Harvard Law School announced yesterday that a new $6 million dollar fund to support international legal education will be established from a donation made by Law School alumni John F. Cogan ’49 during last year’s record breaking capital campaign.

Author: By Elias J. Groll, CRIMSON STAFF WRITER | Title: Law School Creates $6 Million Fund | 2/24/2009 | See Source »

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