Word: faithful
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Dates: during 2000-2009
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...Buffett and other investors may be putting too much faith in the bank management's ability to gauge future loan losses, something no major bank has gotten right during this downturn. And if there's even a bit of disappointment, Wells Fargo shares have further to fall than its rivals. The stock trades at a price-to-book multiple of 1.6; JPMorgan, another bank deemed to be in relatively good shape, has a price-to-book of just 1. On earnings, Wells trades at 16 times its expected bottom line this year. That's better than even Goldman Sachs, which...
...fiercely secular nation, France has always had an awkward relationship with religious groups. Officials often find themselves struggling to strike the delicate balance between maintaining church-state separation and honoring the right of citizens to express their faith. But in the current case against the U.S.-based Church of Scientology, authorities have abandoned their usual attempts at fine-tuning religion's standing in French society - instead, they want to ban Scientology from France altogether...
...Taliban in his area only grows stronger. He says it was little consolation to learn the soldiers responsible for his daughter's death were punished, as investigators say they were told. (The coalition would not confirm this.) She is gone, he says, and so is any vestige of faith he had left in the Afghan government and its foreign backers...
...making the point that AIG had a legal obligation to make the payments. He would have been better off to hold his tongue. The minute he gave an explanation for his actions, no matter how rational it was, his interrogators seized on it as another act of either bad faith or stupidity on his part. (See pictures of the Top 10 scared traders...
...nuanced in response to the Israelis' agitation for a time limit on Washington's outreach to Tehran, refusing to impose an "artificial deadline" but affirming that his patience was not unlimited, and that by year's end he would have a good idea whether Iran was making a "good-faith effort to resolve differences." The President seeks to avoid being strung along by Tehran in open-ended talks, but is also mindful of the futility of simply reiterating ultimatums that have until now left the Iranians unmoved...