Word: closing
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Dates: during 2000-2009
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...stock has dropped at an extraordinary rate, gained 20% which added $15 billion to its market capitalization in just a few hours. The good news from the conglomerate was that it sold $8 billion of bonds under a program backed by the U.S. government. That means GE is very close to its goal of raising the $45 billion it wanted to get from the debt markets this year. GE also benefited when a skeptical analyst said that a recovery in the financial market held a number of benefits...
...banks are allowed to market the toxic assets back up to their original precrunch prices or close to them, that would give the Obama Administration political cover: Treasury can come in and underbid the value of the toxic assets, declaring before Congress and the taxpayers that it is driving a hard bargain with the banks...
...Integrating Serbia and Kosovo into the EU can only remain a far-off prospect until Brussels finishes the accession processes of the more stable Balkan nations that are ready, or close to being ready, for membership. However, the bids of several countries in the region are becoming unnecessarily protracted, leading one to wonder whether the EU’s drive to incorporate the former Yugoslav states will ever be completed...
Still, the audacity of the attacks, coupled with their lethal effectiveness and high casualty rates, may signal the resumption of a reinvigorated insurgency that has had time to regroup. A source close to the insurgency told TIME that sleeper cells in and around the Sunni stronghold of Abu Ghraib - site of the infamous prison now renamed the Baghdad Central Prison - have been planning renewed attacks for months. Tuesday's strike in the marketplace was carried out by the sheik of a local extremist Takfiri mosque, a man in his 20s named Abu Taymiyeh, the source claimed. The allegation could...
Major General David Perkins, a spokesman for U.S. forces in Iraq, told a press conference in Baghdad on Sunday that al-Qaeda was increasingly desperate to maintain relevance in Iraq. The source close to the insurgency told TIME that al-Qaeda was regrouping and recalibrating its focus. "The politics of the attacks have changed," the source said. "They don't want to attack the Americans because they know they are leaving. They are targeting the Awakening councils and the tribes because they are working with the government," he said, referring to the mainly Sunni councils that turned against the insurgency...