Word: panic
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...Broadcasting in Georgia: Georgian residents received a shock on March 13 when a national television station broadcast a phony news report claiming that Russia had invaded the country and killed President Mikheil Saakashvili. Except for a brief initial disclaimer, nothing in the broadcast indicated it was a spoof. The panic was exacerbated by memories of an actual invasion by Russian troops in late...
...purchasing up to $1.25 trillion in mortgage securities backed by Fannie Mae and Freddie Mac. It could open the door to higher interest rates, although the Fed last week hinted that it would keep its benchmark rate near zero for the foreseeable future - a comment likely aimed at preventing panic. (See how Americans are spending...
Raising and strictly enforcing capital requirements is vital to creating a more stable financial system. During the financial crisis, plummeting assets and the consequential market panic caused almost every major bank to fear for its solvency. Had there been more stringent capital requirements, banks would not have been in such dire trouble. As Alan Greenspan notes in his recent paper on the crisis, while requirements should not be onerous, they should leave banks in a position to effectively manage during most crises. The current legislation in the Senate directs regulators to enforce higher capital requirements but without specific capital levels...
...from Niger. There was some exaggeration involved, but the bottom line was accurate. There was no uranium deal; Saddam didn't have a nuclear program. But Wilson's timing was exquisite: there was a growing realization that Bush's casus belli - WMD - was baloney. The White House went into panic mode, trying to discredit Wilson and rescue Bush's reputation; the outing of Plame made these efforts potentially felonious. The subsequent investigation devolved into a petty attempt to nail Rove and Scooter Libby on perjury charges for denying they had talked to journalists, and Rove has reason to be outraged...
Take “Even Heroes Have to Die,” an assertive stance on the reality of growing old, which Leo—now nearing 40—appears to regard with poise rather than panic. Powered by dynamic acoustic guitar, the upbeat melody has Leo singing, “Even heroes have to die / No one lives forever / No one’s wise to try.” The song is more reminiscent of the enervating, passionate style TL/Rx presented on 2004’s undervalued “Shake the Sheets?...