Word: nationalizes
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...these people were barely regulated at all, at least not in the sense that bankers are regulated. "You had a regulatory mechanism that was targeted very narrowly to prudential regulation of the banking industry," says Gene Ludwig, who as Comptroller of the Currency oversaw the nation's big banks from 1993 to 1998. What that did, Ludwig explains, was to motivate banking companies to move activities to their less-regulated affiliates, and give a leg up to competitors (stand-alone investment firms, hedge funds, mortgage brokers, you name it) that weren't being watched by banking regulators...
...easy to tell lies when your opponent is standing right next to you. The Wall Street collapse demands a more sober campaign as well. But these dreadful weeks should not be forgotten. John McCain has raised serious questions about whether he has the character to lead the nation. He has defaced his beloved military code of honor. He has run a dirty campaign...
...general manager Mark O'Dell, that the company has "a strong, well-positioned business in Singapore." With over four thousand agents and two million policies in force in this city-state of 4.6 million, AIG is one of Singapore's largest insurance operators. Its pervasive presence in the small nation underscores the insurance giant's global reach - and the global consequences of an unfolding failure of confidence by its far-flung customers. That reach was one of the key reasons why the U.S. government appeared to reluctantly agree to an AIG bailout on September 16 and stepped in to save...
Single-stream recycling, which has recently been adopted in various cities and universities across the nation, has been correlated with increased recycling rates. The Web site of Waste Management, America’s top recycling company, states that single-stream recycling has “greatly increased participation and household recovery” of recyclables by 42 percent since they instated the system...
...Defense Secretary Robert Gates, who presided over the ceremony in a former Saddam Hussein palace at a military base near Baghdad Airport, lauded Petraeus as "one of our nation's great battle captains." Petraeus, 55, will take over as head of U.S Central Command next month, which will give him responsibility for the U.S. missions in both Iraq and Afghanistan...