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Word: claim (lookup in dictionary) (lookup stats)
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...Bankruptcy law ranks claims against a failed company. Stockholders have the weakest claim - they made a bet on success, got failure instead, so too bad. The strongest claims belong to secured lenders, which are first in line for any proceeds if the company is liquidated. In between lie the unsecured claims. For a carmaker, this creditor class includes suppliers who haven't been paid, car owners whose repairs ought to be covered by warranty, dealers seeking reimbursement for manufacturers' rebates - and the UAW seeking a VEBA payment...

Author: /time Magazine | Title: Government Motors: Can a Reinvention Save GM? | 5/28/2009 | See Source »

...market is looking for ways to claim that housing is finding a bottom and that it is possible that a recovery in home prices in the wings. While there may be some pick-up in sales in the most depressed markets including Nevada and Florida, there is no sign that prices are rising. Clever buyers are moving in to buy homes in foreclosure, but the prices of these houses are so low that their sales may actually bring down the average price of the homes being sold in those markets...

Author: /time Magazine | Title: Housing Is Not Just Bad, It's Getting Worse | 5/27/2009 | See Source »

Supporters say Sotomayor would bring much needed passion and real-world experience to the Supreme Court, while detractors claim she bullies attorneys from the bench and lacks intellectual firepower. A divorced food buff who listens to soft rock, Sotomayor once reportedly joked about the ease of filling out financial-disclosure forms on her relatively modest judicial salary: "When you don't have money, it's easy. There isn't anything there to report...

Author: /time Magazine | Title: Sonia Sotomayor: Obama's Supreme Court Nominee | 5/27/2009 | See Source »

Having helped to bring down two Thai governments through street protests, invading airports and seizing the offices of the prime minister, members of a controversial Thai protest movement want to lay claim to those same offices again - through the ballot...

Author: /time Magazine | Title: Is the Party Just Getting Started for Thailand's Yellow Shirt Protesters? | 5/27/2009 | See Source »

Contacted by phone, Aref Shaheem, Benafsha's father, angrily said that coalition forces were "only killing people." They claim to be in the country to protect Afghans, he says, but they continue to take innocent lives. "They can't be trusted." As a result, he argues, the Taliban in his area only grows stronger. He says it was little consolation to learn the soldiers responsible for his daughter's death were punished, as investigators say they were told. (The coalition would not confirm this.) She is gone, he says, and so is any vestige of faith he had left...

Author: /time Magazine | Title: How Afghanistan's Little Tragedies Are Adding Up | 5/26/2009 | See Source »

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