Word: guaranteee
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In a nod to the notion that the government should do something to help responsible homeowners, the plan also seeks to help borrowers who have been making mortgage payments on time but can't refinance into cheaper loans because they've seen equity in their homes evaporate as prices have...
Prognosis: Prepare the transfusion. BofA is still on the monitor, but it's not far from being healthy again. It has a stressed leverage ratio of 4.6%. Just $7.3 billion in new capital would put BofA back on its feet. And with Uncle Sam finalizing its deal to guarantee $118...
The recent instability along Pakistan's Western border with Afghanistan, as well as a series of abductions of Chinese nationals, could lead China to look elsewhere for more reliable friends in the region - allies who can at least guarantee some sort of stability for China to pursue its strategic and...
GM claims the amount of money it will need for the year at $16.6 billion. That will not guarantee the largest car company in the U.S. will get to break-even. If auto sales in America keep falling, GM may need more capital this year, and it will almost certainly...
Government officials insist that the ban on female education will be lifted and that the measures will be less austere than the Taliban's in Afghanistan. But Pakistani advocates of women's rights have sounded an alarm, forcefully arguing that the move endangers both the rule of law and women...