Word: happeners
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There are enough clever people in the Administration to know that more very large US companies could fail. How fast that will happen and how many will fail depends on factors from macroeconomic considerations to individual company debt service...
...What will happen at this point is that bank stocks will not go up much more, but they will not dive sharply down either. There is enough evidence in comments from the CEOs of Citi and B of A and in the Wells Fargo earnings to show that the idea that banks are insolvent and probably in need of nationalization is no longer part of the consideration of how the problems with the system will be settled...
...reorganized in that way, but it won’t happen so long as [the Mayor] is there, because it works for him,” Yoon said. “This is the one agency shielded from the City Council and any legislative body...
...CLSA analyst Chris Wood says that recent improvements in China's economy can be attributed partly to a surge in bank lending that began in November. This, he notes, could only happen in an authoritarian country such as China, where the government can - and did - order the banks to lend. "The bottom line is that if this was a purely capitalist system, [lending] would be slowing," Wood says. Stimulus spending over the next three months will continue to boost economic activity, Wood says, but the impact will start to wear off later in the year. Absent a recovery in China...
...eradicate nuclear weapons and unsure how such an ambitious end-goal might be achieved. "It's been a long time since we felt this level of excitement," Kristensen says. "But now the question that has always seemed frustratingly hypothetical needs a clear answer: how can we actually make this happen...