Word: expected
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Dates: during 2000-2009
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...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...
...takes dramatic action in case of major banking crises. Though industry officials may gripe, Geithner's fixes are little different from the rules that traditional banks already abide by (and make plenty of profits under). And even the GOP might not have as many philosphical objections as one would expect. On the same day that Geithner rolled out his proposals, House Republicans expressed support for a step the Obama Administration has so far resisted: turning to the FDIC, or an entity like the Resolution Trust Corporation used during the savings-and-loan crisis, to temporarily take over today's failing...
...questions. While residents of Pyongyang are less afraid to interact with foreigners than, say, a decade ago, they "won't speak to journalists without permission," says Lankov. Even at the joint South and North Korean industrial complex at Kaesong, just north of the Demilitarized Zone, journalists don't really expect to land interviews with regular North Koreans, says Voice of America's Kurt Achin, who was part of a press tour there about two years ago. (See pictures of the reportedly ailing Kim Jong Il, doctored by his government...
Observers expect the two American reporters now being detained for "illegally intruding" into the North will become a pawn to be used by Pyongyang at an opportune political moment. And with Pyongyang's internationally unpopular missile-satellite launch in the pipeline, analysts would be surprised to see the duo return home in the coming days. Pyongyang might also want to send a clear signal to other journalists that it won't tolerate any lurking around its border...