Word: making
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Dates: during 2000-2009
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...would soon impose restrictions on articles about living people. Under the new policy, anonymous Web editors would still be allowed to freely change biographical Wikipedia entries - but their changes would be made visible to readers only after an experienced Wikipedia volunteer had approved them. The plan, officials explained, would make the world's largest encyclopedia more accurate and fair, and would help prevent the high-profile hoaxes that have occasionally tarnished Wikipedia's reputation...
...some ways, then, the new policy will make Wikipedia more open to anonymous contributions, not less. Not only will novices to the site still be able to edit most articles, they'll also be able to make changes to protected pages like Obama's; their changes will become visible only if approved by senior Wikipedians. Under the current rules, people new to Wikipedia are blocked from editing protected articles. (See the 25 best blogs...
...news is that to ameliorate the worst side effects of the carry trade, which if unchecked could make Asian exports too expensive to buy, Asian central banks have intervened in foreign exchange markets and done something they are loath to do: Actually increase the dollars in their foreign reserves. "Asian central banks are accumulating even more dollars," says Credit Suisse's Desbarres. According to Citigroup, China's foreign reserves ($2.13 trillion as of June, including forward currency contracts) have increased 11.9% since the collapse of Lehman Brothers in September, 2008. Hong Kong's foreign reserves have shot up by nearly...
Normally, the FDIC would assess a special onetime fee to banks to raise the money it needs for its fund. But bank executives have been saying that any additional payments they have to make to the FDIC above their normal quarterly bill would force them to cut lending. Special assessments have to be recorded as a cost when they are paid to the FDIC, which reduce bank earnings and capital. It was a capital crunch that caused the financial crisis in the first place. (See pictures of the global financial crisis...
Here's how it will work in the FDIC's case: Later this year, along with their scheduled 2009 fee, banks will pay the FDIC all of the fees that they believe they will owe the agency through the end of 2012. But even though the banks will make those payments this year, they won't show up on 2009 income statements. Instead, each bank will add an asset, a big one, to its balance sheet, right below where the cash they just handed over to the FDIC used to be. It will be called something like prepaid FDIC premiums...