Word: impendingness
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That hedge-fund-like unit built up a portfolio of $2.7 trillion in derivatives. AIG FP eagerly offered to insure billions of dollars in derivative portfolios, building up potential liabilities many times its capacity to pay out if the portfolios defaulted. Few financial experts ever imagined the scope of the...
Although Treasury Secretary Timothy Geithner told congressional leaders on Tuesday that he learned of AIG's impending $160 million bonus payments to members of its troubled financial-products unit on March 10, sources tell TIME that the New York Federal Reserve informed Treasury staff that the payments were imminent on...
• In 2002, Olson - who formally changed her name in 1999 - pleaded guilty to both crimes, and was sentenced to 14 years in prison for attempted murder in connection with the pipe bomb incident. In 2008, she was briefly released when California's parole board miscalculated her parole eligibility; Olson...
Perched atop Dr. Manhattan’s Martian crystalline palace, “Watchmen” hero Laurie Jupiter gazes deeply into his white eyes. She pleads desperately for him to prevent the Earth’s impending nuclear destruction but Manhattan continues to stoically admire the surrounding landscape. His...
“Our main bases for the club have been a lot of experienced entrepreneurs, or people who have ideas or have started developing ideas, says Yifan Zhang ’10. “But we’d really like to have people who are interested and...