Word: fails
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...take TARP money that they did not need. He made sure that the taxpayers received preferred shares in the firms in exchange for the capital. After Paulson retired the new administration began testing the banks, knowing that, based on the criteria they had set, many of the firms would fail. The credit markets are harsh. The troubled banks would find it nearly impossible to raise capital from private equity sources. They would turn to the government. The government would convert its preferred shares to common shares to buttress the bank balance sheets. Suddenly, the taxpayers would own controlling interests...
...more to do with politics than economics. Car dealers and parts suppliers have engaged in a ferocious campaign to save the automaker, both in Ottawa and at the Ontario legislature in Toronto. At the same time, Harper and McGuinty are fearful of the repercussions of having Chrysler Canada fail on their watch, possibly triggering a collapse of Ontario's auto sector...
...More importantly, these people fail to recognize that teaching morality in a classroom means nothing if you cannot act with the same integrity that you hope to teach. Yes, Harvard must do what it does best—teach, research and foster learning—but we cannot shy away from the responsibility to be an upstanding institution. If Harvard lays off its workers, it will only contribute to the economic crisis of our time. Now, more than ever, is an opportunity for Harvard to stand as an example of moral integrity...
...successors will reflect upon the question of governance," Sarkozy told a crowd of dignitaries on April 29, when he presented proposals by 10 of the world's leading architects to create Greater Paris - a gigantic goal he said would fail if warring over its control undermined it from the outset. "Greater Paris is a project that does not belong to any one party, or any one camp. It affects everyone and belongs to everyone...
...been the currency of the best power-pop. Cheap Trick were so successful in part because of how cheerful they were about their triviality, delivering the lines “I want you to want me / I need you to need me” with unabashed gusto. Tinted Windows fail to match up to Cheap Trick in part because the rest of the album fails to maintain the melodic quality of the first three songs. Power pop sans hooks is music that has entirely lost its raison d’être, and most of the album disappoints on this...