Word: furtherance
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Geithner hopes to encourage private investors to buy these asset-backed securities, giving the banks cash and eliminating further downside risk to their portfolios. But why not try to make the securities more valuable in reality, so that investors want to buy them from the banks without receiving government support...
Further, there is currently a crisis of confidence in the banking world. Because of the uncertainty surrounding the future of asset values and the prices of complicated derivatives like mortgage-based securities, banks are hoarding money. They lack the confidence even to lend to one another. Reducing mortgage principal addresses...
In an editorial accompanying the study, Mark Eisner, an associate professor of medicine at the University of California, San Francisco, commended the study but pointed out that cotinine only remains in saliva for two to three days after exposure to smoke, which is problematic as cognitive impairment in the elderly...
But in a strongly worded conclusion, Eisner pointed out that some of the most important breakthroughs for human health have come from altering environmental factors and that even in an era of "groundbreaking science aimed at decoding the human genome...millions of people worldwide continue to die from passive smoking...
Harvard is committed, first and foremost, to imparting knowledge and facilitating research. Creating a new science complex in Allston will further both of these ends by providing opportunities for academic pursuits and scientific breakthroughs. Harvard has an obligation to pursue these goals to the fullest extent possible and should therefore...