Word: interesting
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Dates: during 2000-2009
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...feed liquidity into corporate credit unions faced with mounting losses on securities tied to home loans and other lending. Corporate credit unions act as banks to retail credit unions, which are the institutions consumers interact with. In addition, the plan provides $2 billion for retail credit unions to cut interest rates on mortgages held by homeowners struggling to make payments. All of the funding is structured as loans and is due to be paid back. (See TIME's top 10 financial-crisis buzzwords...
What is certain is that no matter the long-term viability of the corporate credit union model as it currently exists, the NCUA is banking on retail credit unions having a short-term interest in preserving the system through such a trying time. The way the liquidity injection is structured, it is up to the retail credit unions to funnel money into the corporates. In explaining the program, NCUA chairman Michael Fryzel has been quick to point out that retail credit unions have a "vested interest" in their corporate brethren. Let's hope they do, to the tune of billions...
Amid the stock market turmoil, Lehman Brothers’ bankruptcy, the worries of America’s three major automobile producers, and a looming recession, few bastions of opportunity for job-seeking seniors remain unscathed. Yet one sometimes-overlooked recruiter is seeing booming applications and interest across campus.That holdout is Teach for America, which is not only weathering the financial storm, but using the market turbulence as an opportunity for growth.In the midst of the financial crisis, more seniors are putting their hopes for corporate employment on hold and reexamining their career options. Many of those seniors are finding their...
...rule is that the law is entitled to all the evidence, in order to assure a fair trial. The rules relating to privileges are exceptions to that general rule; rules creating privileges deny the parties access to certain kinds of evidence. The legal theory is that the public's interest in protecting the privilege outweighs the public's interest in having all the evidence for a fair trial. Some are obviously necessary (e.g. lawyer-client), some are more historical than practical (e.g. priest-penitent), and some are quite questionable (e.g. spousal privilege). The theory underlying the psychotherapist-patient privilege...
Amend the Discussion following RMC 804 to add the following explanation of the new 804(c)(1)(b): "In addition to issues of identity, the government has a legitimate interest in the accused's presence at trial, including promoting the appearance and actuality of legitimacy in the proceedings...