Word: holdings
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...that while the RTC took over the assets of corporate corpses already in government hands, the assets everybody's worried about now are on the books of still alive banks, investment banks and other firms. The idea would be to get them off the books of these institutions, hold on to them for a few years and possibly try to renegotiate their terms to slow foreclosures. The big challenge will be coming up with a way to do this that avoids bestowing a wholly unearned windfall on the shareholders of the companies ditching the toxic securities...
...hand it to a paying customer, who then headed to find some fresh onions for his reptilian dinner. There was nothing fake about that moment, and for some reason, I feel much more comfortable in Shanghai having seen it. Chinese beer tastes better to me now, I can hold my chopsticks with more confidence, and when a patch of sweat appears under my arm in the crippling Shanghai heat, I feel more like a real person.The Olympics have brought about an increase of inauthenticity instead of a respite, as performers lip-sync through the opening ceremony, athletes compete with performance...
...General Assembly in 2000 chose to make a drastic reduction in maternal mortality one of the eight Millennium Development Goals (MDGS)--a series of targets in a program that channels aid to key issues, including education and clean water--to be met by 2015. The MDGS hold people "to a golden standard for progress," says Jamie Drummond, executive director of the antipoverty organization DATA. When world leaders gather in New York City this month to take stock of the MDGS, their speeches are likely to tout the many achievements since 2000: millions more African children now attend school and sleep...
...Party's two factions hold 16 Cabinet seats...
...more than 80,000 hours flying nearly 4,500 missions over Afghanistan and Iraq. While most were surveillance - transmitting video back to their ground-based controllers - many involved launching missiles at enemy targets. "The combat contributions of unmanned aircraft systems in today's fight have surpassed all expectations and hold even greater promise for the future," said General Norton Schwartz, the Air Force's new chief of staff, in announcing the staffing shift...