Word: deale
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...crush passengers at impact. It took 17 years to accomplish the task, as the Federal Aviation Administration tussled with aircraft manufacturers and airlines that balked at paying for the upgraded seats. The FAA produced evidence that sturdier seats could have prevented 45 fatalities between 1984 and 1998. A deal was reached. In 2005, the FAA mandated that all U.S. aircraft built after October 2009 meet the "16g rule" - seats must be built to withstand crash forces equivalent to 16 times the force of gravity (older seats were 9g compliant). Ironically, the long negotiation period and concerns among the airlines that...
...Jupiter's investments are made up of the riskiest portions of other bonds, some of which are themselves a collection of other poorly rated mortgage bonds. In a rising real estate market, such risks were deemed acceptable. When it was issued in March 2007, 93% of the Jupiter deal was rated AAA. But when things unwind--and have they ever--any default gets compounded by the chain of linked bonds. The multiplier effect works like this: while 4.4% of the typical loans tied to Jupiter's bonds are in default, nearly 59% of Jupiter's investments are now worthless. Hello...
...sold off or shut down according to standard FDIC procedures without risking another market breakdown like the one that followed the collapse of Lehman Brothers. The Obama Administration has already said it will buy shares in banks that need more help, and is negotiating a deal that would give it a big minority stake in Citigroup. But it has so far dismissed suggestions that it should take full control of Citi and other big banks. The argument for a takeover is that it makes executives answerable to taxpayers rather than shareholders. The argument against it is that execs solely answerable...
Tuli said that she was offered a good deal by the hospital to settle, but she refused...
...government hopes its peace deal in Swat will drive a wedge between militants there and the stronger, more ambitious Mehsud - and, if successful, that it can be replicated on other fronts. But as is demonstrated by the shifting alliances in Waziristan, the basic problem facing the Pakistani government is that most of the population in the areas it's trying to pacify, while not inherently opposed to the Pakistani state, nonetheless support the principle of fighting the Americans in Afghanistan...