Word: curtail
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Dates: during 2000-2009
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...some politicians and regulators, irked by the huge losses rung up by AIG in CDS contracts, have talked about creating a central exchange, much like the New York Stock Exchange, where the bond insurance would trade. Some have proposed doing away with CDS all together. Those changes would significantly curtail, or wipe out, Cantor's profits in its CDS business. What's more, New York Attorney General Andrew Cuomo has subpoenaed Cantor and other traders of CDS contracts to see if the bond insurance was used to manipulate the market. Fears about changes in the CDS market have weighed...
...time when easing the burden we put on the environment is a major priority, it is an inopportune moment to cut back on service. Many major cities today still lack robust public transportation, and to benefit its citizens and lower energy usage we need to increase, rather than curtail, mass-transit programs. It is understandable that in these tough economic times money has to come from somewhere, but alternative sources do exist. A legislative proposal that is still pending approval by the Massachusetts State Legislature calls for increasing the tax on gasoline sold in the state, a measure that could...
Compensation experts say that as the government increases its efforts to curtail executive pay, companies will come up with more and more creative ways to keep their employees happy. "Citi may have bent the rules a bit,' says top compensation consultant Alan Johnson. "But if these firms don't come up with some way to pay their people, they are going to be out of business...
...discussions with Tehran, calling on other nations to exert their influence to compel Iran to give up its suspected pursuit of nuclear weapons. In a letter to Russian President Dmitry Medvedev, Obama asked for Moscow's help in dealing with Tehran, although the White House denied offering to curtail U.S. plans for a missile-defense shield in Eastern Europe as a quid pro quo. The Administration has also asked Syria and China to pressure Iran, but the diplomatic focus remains on Russia, which is helping Iran complete its first nuclear reactor in the southern port city of Bushehr, scheduled...
...Afghan government seems largely unwilling to curtail the power of the warlords, whose wealth and influence have only increased in the new Afghanistan. These days, Dostum strides across the marble-inlay floors of his new mansion--a pink, three-tiered wedding cake of a house. The foyer boasts a massive aquarium stocked with exotic fish, next to a life-size portrait of Dostum standing beside U.S. General Tommy Franks. During a visit by TIME, workmen were putting the final touches on an immense gold-painted crown that spans the compound's entry gate. The crown was modeled on that...