Word: mere
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...Banks and other financial institutions are in an even worse position: their debts are accumulating even faster. By 2007 the financial sector's debt was equivalent to 116% of GDP, compared with a mere 21% in 1980. And the assets the banks loaded up on have fallen even further in value than the average home - by as much as 55% in the case of BBB-rated mortgage-backed securities...
Like so much in this election cycle, tonight's scheduled presidential debate in Oxford, Miss., is historic: never in the 48-year history of televised debates has a presidential face-off been so much in doubt mere hours before it was supposed to commence. Such is the depth of the nation's financial crisis and the creativity - selfless or craven, depending on your point of view - that until this morning, we didn't know if Jim Lehrer would have anyone to pose questions...
...Corporate Governance and Performance. "Why not use them?" He points to a law passed in 2002 in the U.K. that gives shareholders an up or down vote on executive pay packages. Even though the vote is only advisory, and doesn't bind a board of directors to act, the mere threat of getting a vote of no confidence has better aligned executive pay with the performance of companies...
...belief system with no basis in reality. So you can see why someone who prizes rationality would have a problem with that. And Amis minces no words.Islamism, that deranged mania, is the fuel to terrorism’s apparently unstoppable machine. “It is not merely violent in tendency,” Amis writes. “Violence is all that is there.” It is a despicable yet undeniably powerful state of mind, one that swallows up all other thought.In the volume’s longest essay, “Terror and Boredom: the Dependent...
...coalition that has governed Malaysia since independence? Or will Najib - the current deputy premier whose reputation has been tainted by the murder trial of his former advisor - take the helm and sustain the National Front's hold on power? Already, Anwar's power play has been dismissed as a mere rhetorical flourish by the ruling coalition. Why else, they ask, did the opposition leader miss his self-imposed deadline of Sept. 16 to unseat the National Front? Abdullah himself sniffed that his rival's confidence of a political takeover was a "mirage." Indeed, on Sept. 24, Anwar himself seemed...