Word: fasted
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...What was not considered at any length in the Treasury presentation is how fast the money can be moved onto bank balance sheets and into facilities that can free up consumer and business spending. The phase used is always "immediately", but that may be a long time depending on the flexibility of the bureaucracy that has to handle the funds...
...Many saw this civil case agreement as major signal that negotiations were moving fast on the criminal plea bargaining front, which may include Madoff's desire to keep his family out of trouble. Of course, Wednesday's revelation regarding Mrs. Madoff's financial withdrawals only raises the likelihood that prosecutors will look closely at family members' actions...
...green isn't crashing, as many believe, why does Makower insist the "glass is half full?" Just as it is in the political sphere, the pace of change in business isn't anywhere near fast enough to meet the challenge posed by climate change, dwindling resources and myriad other environmental problems. Makower notes that carbon intensity - the amount of greenhouse gases emitted per unit of GDP - decreased by 0.6% in 2008, the smallest decrease since 2002. (The faster carbon intensity decreases, the more output businesses get for their carbon.) The failure of green business so far to produce a Google...
...This is because the banks are broken and their customers are keen to spend less. The monetary base, the money element that the Fed can control, is a fraction of credit outstanding in the U.S. system ($2 trillion versus $47 trillion). No matter how fast base money is pumped up, the reduction in credit outstanding will overwhelm it. During this phase we should expect credit contraction and its attendant deflationary effects on asset prices and consumer goods and services...
...focus on writing. “He had this weird thing where he’d be hunched over the typewriter kind of like Glenn Gould over the piano,” says McArdle. “He’d type with one finger on each hand, incredibly fast. He’d just be concentrating, so focused, it was like somebody watching TV. You’d have to say [his name] several times to get his attention.”After graduating with Middlesex’s highest honors, Sunstein brought his intellectual curiosity and his Advanced...