Word: extraction
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...spend the first chunk of the $700 billion to maximum effect. He's looking at devices like a reverse auction, where holders of bad loans will compete to sell them to Treasury at the lowest cost to taxpayers. And he has to figure out how to extract from sellers not just complex debt vehicles like mortgage-backed securities but also plain old faltering home loans with local banks, without vacuuming up every loan in the country. If these approaches don't work, Kashkari and the rest of Paulson's team will need a Plan B. And fast...
This church (pictured above), near Megalopoli in Greece, used to be part of a village. By the time British photographer Stuart Franklin visited and took the picture in 2007, work crews had leveled the other buildings and scraped out the earth to extract lignite (brown coal), used to fuel a nearby power station. The crews were too superstitious to destroy a holy place, a guide told Franklin. Far above the new ground level, the edifice is now inaccessible...
...seems tremendously unfair that one can fly to Africa, study slavery for six weeks, and jet home. From a privileged vantage point, modern students are trying to extract the stories of people who weren’t allowed to speak. Unfortunately, at at every moment there is the constant reminder that their stories are up against an ocean crossing whose purpose was to deprive them of a history and rob them of a future...
...remains confirmed as human late last night by a pathologist and work has now become to extract the body," he said. "Due to its position, it will take some time to remove...
There are ways to extract oil and gas without building an extensive network of roads - in fact, Finer points out that the energy company Petrobras plans to use helicopters to transport all personnel and material to and from a site in Yasuni National Park in Ecuador. That move came at the behest of the Ecuadorian government, and it's representative of the sort of smart energy policies that South American governments will need to follow if the western Amazon isn't going to be sacrificed for oil. Just as important are the environmental impact assessments that can accurately gauge just...