Word: fresh
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Dates: during 2000-2009
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...went ahead with this fairly judicious docudrama, in the seeming belief that a story with so many melodramatic twists and cataclysmic consequences needs little editorializing. The result is that rare Oliver Stone film that is not exhilarating, or enraging, but boring, because the director doesn't have a fresh take on Bush...
...stake, which it will hold in non-voting preference shares. So no one is expecting many private takers, leaving the government shouldering around 60% of RBS. At Lloyds TSB and HBOS - rival U.K. lenders in the midst of a merger - plans to offer as much as $29 billion in fresh funds would give the government roughly 40% of the combined group...
...fresh move McCain made in his Monday speech was to try to add Democratic congressional leaders Nancy Pelosi and Harry Reid to Obama's team. Given how deeply unpopular Congress is, trying to present himself as a positive vote for divided government makes sense. But why did he wait until he was so close to the finish line to try it? And how will his fellow congressional Republicans running tight races take to being thrown under the bus like that...
...equity. In plain English, that's called partial renationalization. How much equity depends on the size of the bailout, and for the moment, other than in Britain, precise details about which banks will receive how much and in exchange for what remain to be negotiated. Along with the fresh capital, governments are proposing a series of other measures designed to restore confidence in the banking system by guaranteeing deposits, jump-starting interbank lending, which has dried up, and promising that no European bank will fail. The measures were coordinated in principle at a European Union emergency summit meeting on Sunday...
There's nothing like an external enemy to make a country pull together, and Britain, fractious and dissatisfied with its Labour government until recently, has found a fresh foe: Iceland. The tiny country's benign image as a land of geysers and the midnight sun has been swiftly eclipsed by its new incarnation as the mustache-twirling villain of the credit crunch. Britons - from private individuals to local government, charities and public bodies - have deposited some $34 billion in Iceland's financial institutions, among them Landsbanki, which went into receivership this week, and Kaupthing, the country's biggest bank, which...