Word: governmentalize
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Treasury considers that a firm has received exceptional financial assistance if it has received government aid outside of the initial $250 billion bank bailout, in which the government injected capital into financial firms in return for preferred shares and stock warrants. The list originally included AIG, Bank of America, Chrysler...
Unlike the BofA deal, however, Citigroup's left intact a large investment in the bank on the part of the government. Citi repaid the government's $20 billion in Citi preferred shares, and it closed an insurance agreement that had the government backing as much as $300 billion in troubled...
Is Avatar a Native American story? -Robert Thijsen, Oranjestad, Aruba Not exclusively. I think Americans locate the story there most quickly. But Avatar's now the No. 1 movie in Brazil, and Brazil has a lot of issues with the displacement of indigenous populations and deforestation. There's a tribe...
It’s beginning to look like the Fates had it in for Greece. Of all the eurozone countries, it has been hit hardest by the global recession. Even as the rest of the world begins to recover from the recent financial crisis, interest rates on Greek debt have...
The kind of decisions that the government now faces are not only factual or empirical, but moral as well, the speakers said. The church can—and should—take a stance on issues of fiscal responsibility and ethics, to participate in the progressive collectivist response to the...