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Word: lended (lookup in dictionary) (lookup stats)
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...credere, “to trust, entrust, believe,” credit depends on a threshold of trust to lubricate functioning capital markets. If financial institutions, as creditors, do not trust their debtors—be they individuals, investment funds, or other banks—these institutions will not lend. As the grand dame of economic historians, Anna Schwartz, said in October: “The basic problem for the markets is [uncertainty] that the balance sheets of financial firms are credible...

Author: By Noah M. Silver | Title: Bridging the Capitalist Divide | 2/17/2009 | See Source »

...Banks lend money to one another and charge interest in the process. The risk of borrowing from a firm owned by the government should be extremely low. Borrowing from a U.S. regional bank is, on paper, more risky. All inter-bank borrowing would almost certainly move toward taking money from the firms backed by the government balance sheet. Interbank lending among private banks could disappear...

Author: /time Magazine | Title: The Case for Nationalizing the Entire Economy | 2/16/2009 | See Source »

...Further, there is currently a crisis of confidence in the banking world. Because of the uncertainty surrounding the future of asset values and the prices of complicated derivatives like mortgage-based securities, banks are hoarding money. They lack the confidence even to lend to one another. Reducing mortgage principal addresses both of those problems directly. By stabilizing the mortgage markets, much of the uncertainty will vanish. Banks' balance sheets could stabilize. And confidence may very well return...

Author: /time Magazine | Title: A Better Bank Fix: Cut Every Mortgage's Principal | 2/13/2009 | See Source »

...Back to the Start” in which she repents the past pettiness she displayed towards a sibling. “Back to the Start” is oddly set to a techno beat, when it could have benefited from a slower, soulful pace, but this compositional decision does lend the piece a gushing, earnest and embarrassed tone below the overpowering background noise. The song does, however, boast a sincere moment of respite from the buzz in which Allen promises, “this is not just a song / I intend to put these words into action...

Author: By Antonia M.R. Peacocke, CONTRIBUTING WRITER | Title: Lily Allen | 2/12/2009 | See Source »

...backing of enough members of his own party, let alone the GOP, the stimulus fight showed the limits of his seemingly enormous electoral mandate. Many Democrats, for instance, felt the White House tried too hard to win the favor of Republicans, who in the end didn't lend their support. "I am not happy with it," said Senator Tom Harkin, Democrat of Iowa. "You are not looking at a happy camper. I mean, they took a lot of stuff out of education. They took it out of health, school construction, and they put it more into tax issues...

Author: /time Magazine | Title: Stimulus Deal Shows Reach — and Limits — of Obama's Power | 2/12/2009 | See Source »

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