Word: exchangee
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DIW, the economic-research institute, suggests that the banks sell the toxic assets to the federal government at no charge. In exchange, the government would then provide the banks with equity by taking stakes in banks that participate. The toxic assets would be placed in a state-owned bad bank...
Welcome to the SEC Circus I was incensed after reading your article on the lack of accountability and oversight at the Securities and Exchange Commission [March 9]. Thousands of hardworking people lost their jobs and homes as a result of the incredible nonfeasance, misfeasance and probably malfeasance of Christopher Cox...
Trade Credits. When you stay at Barcelona's Hotel Casanova, you'll get a one-to-one exchange rate between the U.S. dollar and the euro. Meaning you can pay the room rate, posted in euros, in an equal number of dollars, instead of the current 1-euro-to-$1.35...
It's not what one is used to in the West. In the U.S. and Europe, we have prettified our rivers, turning city waterfronts into places where genteel folk ride their bikes or snack in the open air. But in Asia - not just in Shanghai, but along the Chao Phraya...
Which raises the question, one that trade economists have to answer every 10 years or so: If protectionism is so ruinous, why does everyone reach for it in tough times? To answer that, you have to go back to why trade is good for you. The idea that an exchange...