Word: cushioned
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...cushion themselves against a rise in sour loans as the U.S. economy slumps, many banks are increasing their capital reserves. For example, Citibank said last week it has more than quadrupled its reserve for losses on commercial loans from $59 million a year ago to $283 million. Banks are also clamping down on new lending. But while these moves will strengthen the banks, tighter capital is beginning to put the squeeze even on healthy industries...
...known earthquake zones east of the Rockies. In 1755 Boston experienced a severe jolt, as did Charleston in 1886. Sooner or later a major quake is going to hit these areas again. And unlike the Western U.S., where hot rock close to the surface provides a squishy, shock-absorbing cushion, the middle of the continental plate is cold, hard and thick. Like their precursors in the past century, the next large quakes to strike in the Midwest or East are likely to resonate far and wide, like giant hammers hitting a huge block of steel...
...funeral shroud by wiping out the profitability of many of these banks." Testifying before the House Banking Committee, Federal Reserve Board Chairman Alan Greenspan argued against any immediate increase in the insurance premiums. Instead he favors increasing the amount of capital banks must keep on hand as a cushion against losses, since that safety measure might prevent many banks from failing in the first place...
Indeed, Silber was smarting from a humbling defeat at the state Democratic convention on June 1-2, just as the Sox were taking the lead away from the pesky Toronto Blue Jays. And by mid-summer, when the boys at Fenway were padding their cushion atop the American League East, Silber was wallowing deep in the polls...
...public personality is especially vulnerable to the kind of failed smart-guy trick the change on tax policy represents. Bush cannot say that as a longtime antitax ideologue he has nevertheless decided to take one step back in order to go two steps forward. He does not have the cushion of principle to fall back on. All he had was a pledge, and the character of a man who kept his pledges. Now he has welshed on the pledge and is in danger of losing the character...