Word: failed
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...with in this bargaining phase don't make any sense from the customer viewpoint," he told me recently. "Anything that falls into the category of 'the web doesn't pay well enough and so we need to gin up some alternative that will pay better' is going to fail - people aren't stupid." All that remains, he said, is Depression and Acceptance...
...preventing a sharp recession from becoming a prolonged one. The reason AIG has cost taxpayers $170 billion - and the reason the Obama Administration seemed willing, at least at first, to hold its nose and accede to bonuses for the company's managers - is that it's too big to fail. It's an often heard phrase, but what does it really mean? (See the top 10 financial collapses...
...borrowed money over the last two years. Many of those clients are tapped out, and the big bank faces hundreds of millions, possibly billions, of dollars in write-down of consumer loans. That does not take into account the amounts that will be lost as commercial mortgages and LBOs fail...
...hand, no one wants taxpayer money handed indiscriminately to Wall Street investors with no hope of return. On the other, if the program doesn't encourage buyers to participate not only will the program fail, the markets could suffer a mini-panic, just as they did when the plan was unveiled with no details in mid-February...
...defined by a common experience. It should have been a generation outward looking in a positive way, with more education, access to technology and aspirations for economic mobility." Instead, he says, "it's become hostage to post-9/11 politics." Disillusioned with extremists who can destroy but who fail to construct alternatives that improve daily life, members of the post-9/11 generation are increasingly relying on Islamic values rather than on a religion-based ideology to advance their aims. And importantly, the soft revolution has generated a new self-confidence among Muslims and a sense that the answers...