Word: chunks
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Forget about rescuing banks or unfreezing credit markets. The question on most minds amid the recent market chaos: What does this mean for my 401(k)? With some $3 trillion invested, these plans are the most popular retirement-savings vehicle in the U.S.--and account for a big chunk of the $2 trillion the crisis has wiped from American nest eggs...
...their infinite wisdom, European governments have now decided that letting the state effectively get control of ailing banks is the way out the current financial mess. But the French government really messed up the last time it had control of a chunk of the nation's banking system. That was when President Francois Mitterrand nationalized banks in the 1980s. In fact, for a good part of the 1990s, the French budget was knocked sideways because of the losses incurred at just one state-run bank, Credit Lyonnais. The German state's track record in banking isn't much better. Regional...
...even Paulson's team of whiz kids is struggling to keep up with the biggest financial crisis the U.S. has faced in more than 75 years. Kashkari must quickly figure out how to spend the first chunk of the $700 billion to maximum effect. He's looking at devices like a reverse auction, where holders of bad loans will compete to sell them to Treasury at the lowest cost to taxpayers. And he has to figure out how to extract from sellers not just complex debt vehicles like mortgage-backed securities but also plain old faltering home loans with local...
...adding copious amounts of jalapeno pepper. Canners are also experimenting with mixing subject and medium - pickled grapes anyone? Food writer Eugenia Bone, author of the upcoming cookbook Urban Preservation, even cans her own tuna, which she describes as "sumptuous," a word that can rarely be used to describe the chunk-white albacore you find on supermarket shelves...
...flows into China comes through here. Fashion houses, banks and law firms gravitate first to Shanghai, not Beijing. Still, the past couple of years have not been kind to the city. A cancerous corruption scandal, uncovered by the overlords in Beijing, claimed Shanghai's Communist Party boss and a chunk of the city's ruling élite. Shanghai's benchmark stock index has lost roughly two-thirds of its value since hitting its peak last October. Even the Japanese developer of the Shanghai World Financial Center admits that a real estate slide has affected tenancy, with just...