Word: floating
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...result was that, instead of closing the bank, regulators in 1988 agreed to let CenTrust float $200 million in bonds to shore it up. B.C.C.I. contributed $25 million of that amount. Bank regulators thus postponed CenTrust's death by more than a year and raised the cost of the eventual bailout by hundreds of millions. In the grand jury investigation in Miami, Abedi's bank stands accused of parking the $25 million temporarily to dress up CenTrust's books for the regulators...
Westerners, who have wandered through centuries of darkness and enlightenment and rationalism and scientific method and then the various neo- darknesses of the 20th century (Auschwitz, Hiroshima and so on), have some difficulty with these dreamy effects in which reality and illusion float back and forth interchangeably. Americans have a special longing of their own. They need to know they are working in a scheme of virtue. Americans feel a moral unease when they sense that their power is banging around loose in the world without being, in a sort of theological sense, justified. The antiwar slogan "No Blood...
...Palestinians, a subject Washington refuses to link formally to the gulf crisis. Washington meanwhile continued to insist that Baker would offer Aziz nothing more than an ultimatum: Leave Kuwait, or lose it in war. "There will be nothing in our message indicating that we are ready to float any kind of deal," said a senior Bush Administration official. If that is the case, said an Iraqi official, "the meeting will last only five minutes...
SCHUMANN: CARNAVAL; PAPILLONS; TOCCATA (Sony Classical). Cecile Licad goes to the fair, tackling Schumann's greatest piano work, Carnaval, and finding goodies on almost every page. The Toccata also surges and sparkles. Only the tricky Papillons disappoints; she should float like a butterfly, but she stings like...
...going to make sure they get their money's worth. We think that things like purses, gloves, shaker sweaters, turtlenecks and espresso machines are going to be very good. I don't think this is the year when we want to be in space-age TV sets that float on the ceiling...