Word: five-year
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...investors - without government backing, that is - are significantly higher. Analyst Brad Hintz of Bernstein Research estimates that JPMorgan, one of the healthiest banks, will have to pay three percentage points more per year to borrow without the FDIC guarantee. That would boost the interest JPMorgan has to pay on five-year loans to 6%, from an FDIC-backed rate of 3%. For Goldman, the cost of borrowing could rise as much as five percentage points...
Klaus, an economist by training, is a highly divisive veteran of Czech post-communist politics who had served as finance minister and prime minister before becoming president in 2003. He was re-elected to the five-year office last year. The Czech president is no stranger to controversy. A dogged critic of all things E.U., Klaus most recently likened the bloc to the Soviet Union. He is also a rare yet prominent global warming doubter - he does not believe that climate change is caused by man and has called costly measures to curb it a waste. (See pictures of Victory...
...Maldivian youth are in the middle of a drug epidemic that, proportionate to the nation's population, may be one of the worst in the world. The legacy of Gayoom's rule lingers, and the process of unraveling it will last far longer than Nasheed's current five-year term. Entire political institutions - a free press, an independent judiciary, a multiparty legislature - are emerging where there were none...
...whole point is that I’m just one person among 40,000 who’s in the same circumstances,” he says, referencing the other individuals who were sued by record labels during the recording industry’s recently-halted five-year legal campaign against individual file-sharers. “My role in the case is not just a matter of consequences...
...course, not all jury outcomes are necessarily favorable. If the Tenenbaum case goes to trial, it will be the second of its kind. The only other case from the recording industry’s five-year litigation campaign to reach a jury was that of a Minnesota woman named Jammie Thomas, who was sentenced in 2007 to pay $220,000 to the record companies for her file-sharing activities. A juror went on record after that trial calling Thomas a “liar.” (Thankfully for Thomas, a judge later threw out the trial verdict, invalidating...