Word: key
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Dates: during 2000-2009
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...makes him and his bosses look bad. Americans are against bailing out the banks by more than 2 to 1 in some polls. Worse, the banks themselves are deeply mistrustful of anything government might force on them. The head of Wells Fargo told Bloomberg on Monday that a key part of Geithner's plan, the so-called stress test, was "asinine." (Read "Can Your Bank Pass the Stress Test...
Among other key questions: What percentage of the purchase price will the government fund? A senior Administration official said as much as 80% of the purchase price could be government money, but the number has not yet been fixed. And who gets to keep the profit, if there is any? Does Uncle Sam let the private player keep it all, or does the government get some? How and when does the private player have to repay the government loan? And what if the toxic asset stays worthless - does the private buyer lose his money first, or does the government...
...looks like "All Fools Day" will come early on Wall Street this year. Several banks are going to try to raise the base salaries of key employees to dodge the Federal Government's mandate to cut big bonuses at firms which have received bailout money. If increasing base payouts did not so obviously flaunt the intent of the programs that Congress and the Administration are putting into place, the plan would be brilliant...
Most of the exorcisms that Father Gary witnesses are fairly low-key. What happens during the dramatic ones? If an exorcist sees 100 people, there are only going to be 2 or 3 that are dramatic. And I would characterize those as being when the person actually speaks to the exorcist. Quite often they'll be burping or belching or coughing or yawning. There's moaning and screaming too. But in the stronger cases, in almost every instance, you'll have the voice. The person will speak in a demonic voice, and they'll say things like, "This person belongs...
...couple politically: a liberal Democratic Senator from the Pacific Northwest and a conservative Democratic Congressman from the South. But Oregon's Ron Wyden and Tennessee's Jim Cooper are convinced they have the answer to the nation's health-care crisis - if only they could get the key players on Capitol Hill to give their radical plan a hearing. "There's a real opportunity for a philosophical truce here that you didn't have in 1993," the last time Washington attempted to overhaul the health-care system, says Wyden. "Republicans, who didn't accept the idea of coverage for everybody...