Word: guaranteee
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He can expect a do-over from the outgoing Administration, but not a paper-over that would rescue speculators. FDIC chief Sheila Bair has been pushing to use new loan-guarantee authority passed under the $700 billion banking bailout to adjust troubled homeowner mortgages. The plan would provide $50 billion...
Examining leadership style gives some insight into how the candidates might govern. McCain exhibits the characteristics of a troubleshooter. This type of leader tends to deal with the here and now, is action-oriented, sees problems as separate issues and is primarily reactive. Barack Obama is more of a visionary...
Though few financiers could score a touchdown in a professional football game, even if given the opportunity, there might be a striking similarity between the success of NFL players on the field and businessmen in the boardroom, according to a recent study by Harvard researchers. The two Harvard academics, Boris...
The jump in business failures is one reason why Tokyo yesterday announced a $51 billion economic stimulus package aimed at restoring financial stability to the country. Among other measures, the government will inject more money than originally planned into financial institutions, offer tax breaks on housing loans, and guarantee loans...
If one day could serve as a microcosm for the entire college experience, it would be Halloween.All Hallows Eve provides students the opportunity to create a new identity for themselves and pretend to be whatever they want, regardless of who they were yesterday.The holiday gives us license to engage in...