Word: chaptered
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...There is no denying that the risks of letting GM fail are high. Economists warn that if it fails, GM is more likely to end up with Chapter 7 bankruptcy liquidation than Chapter 11 restructuring. Given the current credit crunch, the traditional bridge loans available to companies in Chapter 11 are all but impossible to obtain. And few consumers would be likely to buy a car - the sale of which depends on long-term warranties, service and parts - from a company in a bankruptcy reorganization. The Big Three and their affiliated suppliers account for 2% of the U.S. workforce...
Critics argue that if U.S. car makers have stopped making the vehicles people want to drive, it might not be such a bad thing to force GM to reinvent itself under Chapter 11 bankruptcy protection. However the wider, short-run repercussion might be too much to bear for the North American industry. "There's a real fear if one of the Detroit Three fails it will threaten the future of the others on both sides of the border," says Jayson Myers, president of Canadian Manufacturers & Exporters, the country's largest trade and industry association. Says Buckley...
...chapter titled "Faux-Cons: Worse than Liberalism," Huckabee identifies what he calls the "real threat" to the Republican Party: "libertarianism masked as conservatism." He is not so much concerned with the libertarian candidate Ron Paul's Republican supporters as he is with a strain of mainstream fiscal-conservative thought that demands ideological purity, seeing any tax increase as apostasy and leaving little room for government-driven solutions to people's problems. "I don't take issue with what they believe, but the smugness with which they believe it," writes Huckabee, who raised some taxes as governor and cut deals with...
...think that the student-administration cooperation on the [conflict of interest] issue to this point hasn’t been wonderful,” said Tian, who is also a member of the Harvard Chapter of the American Medical Student Association...
...avoid a recession, while the banking sector remains generally healthy - the renewed onset of economic turmoil has undermined the confidence of South Koreans in their own future. "The economy's O.K., but no one thinks so," says Jeffrey Jones, a Seoul-based attorney and former chairman of the local chapter of the American Chamber of Commerce. "They're saying that not only is the IMF coming back, but that 'we're failing...