Word: coverable
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...lack of funds, the board of the Federal Deposit Insurance Corporation (FDIC) voted for the first time since its creation during the Great Depression to take a "systemic risk exception" to the rules that usually limit what it can do. The exception allowed the FDIC to cover some of Wachovia's potential losses, enabling the bank's sale to Citigroup and its continued operation...
...failed Lehman Brothers. Hong Kong banks allegedly sold investors the mini-bonds as a relatively low-risk alternative to fixed-income investments. When Lehman Brothers collapsed in mid-September, the derivatives lost much of their value. Companies that invested their deposits in them now find themselves unable to cover the difference, Lau says...
...government for help. Pensioners who invested in Lehman mini-bonds have staged a series of protests during the last three weeks. And on Sunday, a group of business owners, organized by Hong Kong's pro-business Liberal Party, appealed to the government to increase loans for small businesses to cover short-term operational costs. "In Korea, Japan, even Singapore, they have lots of support from the government if you're running a new business. They'll back you up," says Lau of the small-business association. "In Hong Kong, no way. If you open a new business, there's nobody...
...threats to wildlife on the African island of Madagascar are manifold: rampant deforestation that has stripped most of the island of its original forest cover, leaving a wasteland; a human population that is growing at 3% a year, straining natural resources and hunting animals for food, especially Madagascar's emblematic lemurs; extractive industry, including a nickel mine not far from a national park that could become the world's biggest...
...Matthew Shepard Act would extend the two laws to cover all crimes committed because of bias, not just those that occur in public arenas like schools and restaurants. It would also extend the 1968 law to cover sexual orientation as well as gender and disability...