Word: dangered
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...recent months have pointed out inadequacies in our understanding of the interrelationships between financial markets and between countries." That could be a Brown sound bite from yesterday, but it comes from a 1998 speech on Asia's market meltdown. Speaking to TIME last spring, he worried about the danger of "national supervisors and global flows of capital ... Nobody has quite understood how big the restructuring of the world economy needs to be." Nobody, his supporters would argue, but a politician who has focused on the problem for years...
...down similar challenges in the past. “In the 20th century, we saw a Republican Roosevelt and a Democratic Roosevelt preside over periods when capitalism was saved from itself,” Summers said. “This is our challenge today.” CAPITALISM IN DANGER?A panel moderated by Business School professor Michael E. Porter further explored the difficulties currently facing capitalism.Thierry J. Breton, the former French minister of economy, finance, and industry, emphasized the importance of understanding why there exists widespread discontent with capitalism.“We want a better life for ourselves...
...Virginia Tech), Greenville, S.C. (Furman University), and most recently El Paso, Colo. (Colorado College), issued warnings that were off-putting if not outright alarming: students who register in their college town could be ineligible to be claimed as dependents on their parents' tax returns and might be in danger of losing tuition scholarships. The problem, according to youth-voter advocates and the IRS, was that these dire warnings were incorrect. After widespread outrage, the registrars backed off. But experts worry that the resulting confusion could sour first timers on voting altogether. "It's creating somewhat of a chilling effect," says...
...Finding a balance between secrecy and disclosure is a tricky business, as Senate Majority Leader Harry Reid discovered on Oct. 1. After the Democrat from Nevada emerged from a luncheon on Capitol Hill, he spoke briefly to reporters about the financial crisis, mentioning that another insurance company was in danger of following AIG into failure. "One of the individuals in the caucus today talked about a major insurance company - a major insurance company, one with a name that everyone knows - that's on the verge of going bankrupt," Reid said. The senator stopped short of identifying the company, which might...
...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...