Word: feared
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...that the stress tests will be the beginning of the end of the bank crisis because they will raise confidence in these institutions and even give bank stocks a boost. As news of the results has trickled out in recent days, bank stocks have indeed shot higher as investor fear has subsided. But longer term a big issue remains: Investors need to know just what the government's stakes in these banks are worth since that directly affects what the investors' stake is worth. The government says the future stakes it takes in the banks will not be common equity...
...Fonseka, if not for the civilians. And so the military is moving cautiously. Military officers near the combat zone say that they believe that Prabhakaran is very close, suspected to be holed up at Vellamullivaikal, deep within the 7-km-long sliver under the Tigers. There is one unspoken fear among them: what will the final Tiger strategy be? The Army is hoping for mass surrender, but bracing for the possibility of mass suicide. The world might not be present to see what happens...
...said the law infringes on her personal rights. She wanted to prefix her name to that of her husband, the lawyer Hans-Peter Kunz-Hallstein. Thalheim's lawyer argued that Thalheim and her husband did not want to lose the good professional reputations associated with their old names, for fear it could be harmful to their careers. Thalheim also wanted to keep her old name to stress her connection with her children from her first marriage, while at the same time demonstrating unity with her second husband. (See pictures of money being printed in Germany...
Privately, some Democrats on Capitol Hill say they fear the negotiations currently underway are drifting. And some on the left are worried that Finance Committee chairman Max Baucus is being too solicitous of the Republicans...
...emptied of guests, said Rodrigo de la Pena, president of the Cancun Hotel Association. "This is the best action they can take to avoid having to lay off staff," de la Pena said. Pena hoped that the lack of tourists would last no more than three months. But others fear that few Americans or Europeans will be back tanning on Mexican beaches this year. Considering that foreign tourism gives Mexico $15 billion a year, total losses to the economy could be devastating...