Word: creditably
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...interview after a panel about the partnership between government and business, former chairman of the Securities and Exchange Commission William H. Donaldson spoke about two regulations he viewed as absolutely necessary in the aftermath of the financial crisis: regulating the credit rating agencies—which he said didn’t pay enough attention to liquidity standards—and regulating exchanges of swaps and other derivatives, assets whose value is based on the value of other assets...
...into the back of the net finished off the well-worked sequence. The Crimson then sent in a number of substitutes, who were able sustain their high level of play over the final 15 minutes of the game, with many shots coming close to extending the lead.Much of the credit for the 3-0 victory goes to the Harvard defense: keeper Mann, junior Kelli Okuji, junior Lizzy Nichols, sophomore Katherine Kuzma, and freshman Lindsey Kowal. The unit kept Cornell’s offense in check for the whole game, allowing few good chances in the shutout.“They?...
...economy is in crisis. Financial markets are collapsing. Credit is drying up. Your savings are in danger. Your retirement is at risk. Jobs are disappearing. The cost of health care, your children's college, gasoline and groceries are rising all the time with no end in sight. While your most important asset - your home - is losing value every...
...That show of decisive European unity was all the more important in the wake of Saturday's G7 meeting in Washington, where leaders said government intervention would be taken in all the world's major economies to prevent major banking failures and loosen frozen credit. It all proved enough for markets to take heart again, at least for now. By mid-morning, London's FTSE 100 was up 6%, Paris' CAC 40 rose 6.68%, and Frankfurt's DAX jumped 6.25% - a remarkable turn-around from last week's battering that ended Friday with losses of 7% to nearly 9%. Most...
...euro group plan aims at freeing up credit markets by underwriting loans banks make to one another - activity that has virtually halted amid general suspicion about borrowers' ability to reimburse funds - and resume the lending to companies and consumers necessary for economic growth. The euro group package will also allow national governments to buy preferred shares through capital injections to save swamped banks from failing, and allowing those in less perilous condition to fully sanitize their finances and return to normal operation. As such, the euro group plan was largely inspired by the rescue package British Prime Minister Gordon Brown...