Word: expectance
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...what Treasury is gingerly calling "legacy assets" (I'm hoping for a public-service ad campaign with the slogan "It's not toxic, it's a legacy"), things may shake out much differently from what Wall Street hopes and Krugman & Co. fear. Both sides in the debate seem to expect that the asset purchases will provide nothing but benefits to the banks that sell. That's not a safe assumption. We don't yet know what private investors will be willing to pay for those once-thought-to-be-valuable legacies. With the government stimulating demand, the toxic assets will...
...value of doing this is it would clarify which banks are and which banks aren't undercapitalized," says Harvard Law professor Lucian Bebchuk, whose September proposal for toxic-asset purchases by competing investors seems to have provided a template for Treasury's plan. "It's reasonable to expect that restarting the market for troubled assets will lead us to discover that some banks are in a healthy position and will make it absolutely clear that some banks are in an unacceptable position...
Financial Uncertainty In most years, the system would leave Skidmore and colleges like it with a pretty good idea of what to expect come May 1, when deposits are due. This time, though, money troubles are continually changing the outlook. In previous cycles, Shorb estimates, he could base 95% of the aid awards on the prior year's tax returns. But this time Shorb is also trying to project many applicant families' income for 2009, which, given the volatility of the economy, is anyone's guess. He's leaving his calendar open every day in April to deal with further...
...some of the fault, I think, lies in the original script, which might be hefty enough for a sung-through opera but here seems too thin to live up to its ambitions. I don't expect a stage musical about street gangs to have the grit or nuance of the better Hollywood films of the same era, like Blackboard Jungle or Rebel Without a Cause (though a cast of gang members who didn't look like they stepped out of a Chorus Line audition might help). But I do want a love story with at least a hint of conviction...
...call from the White House before it happened saying it was very likely. A lot of people had given me the impression that it would happen at some point. I just didn't expect it so soon...