Word: controllable
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Dates: during 2000-2009
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...shore up the bank's finances. The advantages for Citi are that it wouldn't have to pay dividends on the common stock, and certain capital ratios would improve. In return, the government would get more of an upside if Citi were to return to health, plus effective control of the company. Whether the government's stake would rise to the 100% that many economists recommend - completely wiping out existing shareholders - is questionable. But Citi does seem inexorably headed for the same ward-of-the-state status currently occupied by insurer AIG and mortgage giants Fannie Mae and Freddie...
...When I raised my head I noticed people texting their friends and family getting off a last message. My Blackberry was turned off and in my trouser pocket; no time to get at it. Our descent continued and I prayed for courage to control my fear and help if able. (Read the article on Is There Cause for Fear of Flying...
More substantively, he derided much of the Obama administration's moves so far, saying, "The Democrats have set in motion a plan to consolidate control over health care decisions, welfare programs that we've fought for generations, and now are putting in the hands of government to determine the winners and losers of our marketplace. This is not stimulating." Now, all Steele and his party can deliver is a plausible alternative...
...stands, nods to bipartisanship, which Americans have long supported, is a clear winner for Obama, so expect to see more of it in the speech. With Democratic control in the House and Senate, Obama has the ability to set the terms of the bipartisan discussion. He wins by talking about the need for bipartisanship - yet he has enough votes in Congress to largely determine when too much bipartisanship would hurt his agenda. "On the one hand, the majority has to be inclusive," he explained on Monday, during an afternoon discussion with lawmakers. "On the other hand, the minority...
...developing its first nuclear weapon. The war in Iraq, which has thus far claimed the lives of 13 soldiers in February, has been put under review - but the President has resisted specific comments about plans to withdraw troops. Meanwhile, the military has continued - some would argue increased - regular remote-control missile attacks on suspected terrorists in the border region between Afghanistan and Pakistan with only minimal comment from the White House. (See pictures of the battle against the Taliban...