Word: complex
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...While I am certain I have only begun to scratch the surface when it comes to understanding this complex socio-political issue, I want to emphasize that I am seeking to explain, not to condone. This xenophobic strain of Italian politics is a danger to the country. Finding a scapegoat in times of economic instability never solves anything, as the past century has made Europe well aware. Furthermore, in difficult times nations should be cooperating, attempting to find a global solution. This is not the time for fruitless and misguided nationalism...
...That strategy is to stay focused on core banking operations. While bank chiefs in the U.S. and Europe gorged on high-risk subprime lending and complex mortgage-backed securities in a quest for fat returns, Sands avoided toxic assets that got its competitors into trouble. Sands became even more cautious as the U.S. housing bubble began unraveling in 2007. Some risky borrowers - such as low-margin Asian exporters, which have been hit hard by the collapse of U.S. consumer spending - were asked to cough up more collateral when renegotiating loans, while other marginal customers were denied further credit. To strengthen...
...major problem that led to the crisis was that financial institutions--especially the largest, most complex and important ones--weren't held to a high enough standard. In boom times, that problem wasn't visible, but those firms turned out not to have the capital and liquidity cushions they needed in times of true stress. Our plan fixes that too. There are a whole range of areas--from consumer protection to the establishment of a coordinating council of regulators--where our plan puts in place measures that would have made it more unlikely for things...
...other bosses include the U.S. and Canadian governments, which hold 8% and 2%, respectively. Fiat will start with a 20% stake, which could reach 35% if Chrysler succeeds. "Politics and unions are Marchionne's biggest risks," says Carnevale. "Having politicians on the board of directors will require very complex management...
...health-care crisis and our energy crisis are complex dilemmas made of many complex problems. But our biggest problem in both health care and energy is essentially the same simple problem: we use too much. And in both cases, there's a simple explanation for much of the problem: our providers get paid more when we use more...