Word: costs
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...JPMorgan Chase Loan losses: JPMorgan largely avoided the troubled subprime-lending game. Not so Washington Mutual, which JPMorgan acquired in 2008 in an FDIC-brokered deal. With housing prices still falling, many of those WaMu loans are going unpaid. JPMorgan has $105 billion in credit card loans, which could cost the company some $18 billion. And there is an additional $262 billion in corporate and commercial loans, which, according to Roubini, could tally $26 billion more in red ink. All told, it's a $97 billion loss for JPMorgan...
...forces battled for over three years. Blu-ray won that war, but its sales have been very modest. Maybe the new technology seems too expensive to consumers. Maybe most people think video looks fine in standard definition. As CNET recently wrote, movies on Blu-ray disks can cost about twice what a regular resolution DVD does. The backers of Blu-ray and HD DVD each spent billions of dollars to win a market which may not even exist, at least not at the size they thought it would...
...much faster than the 3G networks that service handsets now. But that won't matter if customers are unwilling to upgrade their current service and get new subscription plans. At some point, old handsets for 3G won't work, and acquiring new cell phones will be an additional cost...
...Rajapaksa can vanquish Prabhakaran, he will have just one foe left: the economy. The cost of the war may be more than the country can afford, with the defense budget far exceeding the government's revenue after servicing of the national debt. "It just doesn't work," says Harsha da Silva, an economist and consultant to the Asian Development Bank. A victory would reduce that spending but might also bring down with it a rural economy propped up by soldiers' salaries and pensions. In many villages, the army is the main employer, and without it, families will begin to feel...
...treated." They may re-enter Sri Lankan society only to find themselves subject to security measures that fulfill the worst predictions of the Tigers' relentless propaganda about the persecution of Tamils. Rajapaksa's muscular, nationalist ideology appears to be winning the war. But it may be at the cost of the open, outward-looking, multiethnic character of the nation that Sri Lanka once tried...