Word: loathings
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...Generally, hedge-fund managers are loath to endorse more regulation, but even Chris Kundro, co-chief executive officer at New York City-based LaCrosse Global Fund Services, which manages $13 billion in assets for its clients, believes the Madoff case "has changed things." Kundro told Bloomberg TV last week that the Madoff fraud was a unique situation that added to the overall crisis in investor confidence. Since Madoff, Kundro said, there is "now a fundamental shift in thinking that some regulation may be needed for feeder funds...
...attack on the Indian Parliament in 2001. That incident brought the two countries to the brink of war. In 2002, Lashkar-e-Taiba was banned, but it quickly resurfaced under a different name. Parts of the ISI, which still maintains that India is Pakistan's principal threat, are loath to crack down on such a militant asset...
...billion Europe-wide financial rescue plan. No money for the greedy fools of other lands, she seemed to say, only to then guarantee German private bank accounts and save Hypo Real Estate. That followed similar moves by Ireland and Greece. And Britain's Gordon Brown will always be loath to see Brussels lay its regulatory hand on London's City; his recapitalization of Britain's banking sector was no less unilateral than Merkel's actions...
...more. Now suppliers, loath to extend credit even to longtime partners, are insisting on cash as quickly as possible, sometimes in as little as 15 days - which strains Mitternight's ability to manage his cash flow. "They're concerned things could go wrong," he says. So is he. Which is why he's decided to keep a tight cap on spending instead of expanding his business. That means $35,000 less juicing of the economy when Mitternight doesn't buy a truck. And it means one fewer job created for an HVAC technician...
...appear to be at risk - in fact, their conservative behavior, rather than risky practices, may be holding the economy back. About 40% of the nation's deposits is in the hands of three stodgy institutions with strong ties to the Kremlin - Sberbank, VTB and Gazprombank - that have been increasingly loath to lend to some 1,200 scrappy, smaller rivals. This is contributing to the liquidity squeeze. "It's the second- and third-league firms and banks that will be hurt, not the big state-owned or state-controlled ones," says Gunter Deuber, a global-risk analyst for Deutsche Bank...