Word: fatefulness
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...Nationalization would obviously make taxpayers responsible for the losses these banks may experience in the future. But, the taxpayer is already likely to face that fate. The federal government is in the process of guaranteeing bad paper at the banks and may end up buying many of these toxic assets to keep losses at the firms at a level where they do not have to raise even more capital...
...unable to convert on a chance to win in its final possession. The home team converted 60 percent of its attempts from the floor, including a 7-for-11 performance from sophomore forward Emma Markley. REF’ED UP Turnovers may have sealed the Crimson’s fate Saturday night, but spotty officiating—especially down the stretch—didn’t help either.Two debatable calls with under 30 seconds to play in the game swung in the Lions’ favor, and Delaney-Smith and the Crimson were left scratching their heads.Down...
...takeaway for liberals was clear: In such a situation, government must spend rapidly and lavishly to avoid a similar fate. This month, Geithner pledged that the administration was “going to do our best” to eschew Japan’s example. Last October, Summers compared the downturn to our current recession in a Financial Times column. And, in his first White House press conference, Obama warned that if Washington dithered, the U.S. might suffer a “lost decade” like Japan...
...words is about to become very real. As he prepares a budget for next year, Gates must decide the fate of a number of fantastically expensive weapons programs the military services say they need. He can't fund them all--and might be wise to take a knife to them all. In this, Gates has little choice: the military's annual budget has finished growing, and the billions it once imagined it might spend on future weapons have evaporated. So cuts--and big ones--are coming, and Gates will be the man who makes them...
...fate of the Chinese flavor of 3G technology - named TD-SCDMA while the two existing international standards are known as WCDMA and CDMA200 EV-DO - is less clear. The government has boosted its chances of success by awarding the license for use of the technology to the country's dominant service provider, China Mobile, which boasts a whopping 75% of the subscriber market. China Mobile has tried to get a jump on 3G by handing out free handsets to some 800,000 subscribers beginning last April as part of a trial rollout of the homegrown platform. But the service...