Word: convert
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Dates: during 2000-2009
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...that is swallowing another $30 billion of government assistance with no assurance that it won't need more. Monday morning, AIG reported a colossal loss of $61.66 billion for the fourth quarter of 2008. Citigroup also cast its own dark shadow with news last week that the government will convert preferred shares it owns for up to a 36% stake in the troubled financial services firm...
...work really hard for our chances,” Stone said. “They were playing pretty physical, and we had to come off the wall. Once we realized we could do that today, that’s where we took advantage.”Harvard failed to convert on two early power plays and couldn’t find a way to crack Niesluchowski, who came up with one acrobatic save after another to keep the Crimson off the board.Chute got the best opportunity of the opening frame on an odd-man rush with Vaillancourt, but the sophomore?...
...pick for Secretary of Health and Human Services, steps into the void opened by Tom Daschle's withdrawal from the role amid revelations that he failed to pay some $128,000 in taxes-the latest in an embarrassing series of tax snafus involving Obama's Cabinet nominees. An early convert to the Obama camp and a nascent star in the Democratic party, Sebelius' success guiding a deep-red heartland state vaulted her onto the short list of candidates for the vice-presidential nomination last summer. Though she is widely respected for her administrative skills and bipartisan maneuvering, she is also...
...nation's biggest banks, the U.S. Treasury is providing capital infusions and now a detailed stress test. Also, Citigroup announced on Friday the outline of a deal with Treasury to convert the government's holding of Citi preferred stock into common shares. The U.S. Treasury could end up owning more than 36% of the ailing bank. But confidence in the financial community remains low. Describing a vicious cycle of risk aversion, former Fed chief and current Obama adviser Paul Volcker told Congress's joint economic committee on Thursday that "an insecure bank faced with what it sees as insecure borrowers...
...middle age, but U2 has steadily softened its ambition during its 30-year existence, and that's not such a bad thing. Early on, Bono sang with a moral force that suggested Cotton Mather with a mullet; not satisfied to rock you on "Sunday Bloody Sunday," he needed to convert you. In the towering period that spanned The Joshua Tree to Zooropa, U2 made stadium-size art rock with huge melodies that allowed Bono to throw his arms around the world while bending its ear about social justice. After 1997's Pop - a disastrous mix of disco and hubris that...