Word: guaranteeeing
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Although the government does not guarantee against investment losses from stocks or bonds - and has put only a temporary guarantee on losses from money-market funds - it does guarantee that your deposits or securities will be returned to you should an institution fail. The limit is $500,000 in brokerages...
For homeowners' and other kinds of insurance, it falls to your state to guarantee your policy. State limits vary, which is why it generally pays to do business only with insurance firms that rating agencies regard as investment-grade and that have long track records of paying claims in good...
One detail that will be key to moving the deal forward remains muddy. Democratic aides say that at midnight last night, Pelosi suggested that the bailout deal guarantee that taxpayers recoup from financial firms any part of the $700 billion not paid back through the Treasury Department's reselling of...
That is only one element of the tricky undertaking that begins now for Paulson. For all the equity markets' sanguine response to the Hill, the credit markets are still seizing up. The process by which Paulson will actually use the $700 billion to buy the bad loans remains more than...
Of course, Obama has another, equally arbitrary and more dismaying variable about which to worry: the so-called Bradley effect. The thinking is that white voters might consciously or unconsciously conceal latent racial biases from pollsters, but be swayed by those biases in the booth. These days I�...