Word: plan
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Less than a week after the British government sketched an $850 billion plan to steady a nervous banking sector and kick-start a recovery, the details are emerging. Following a flurry of meetings over the weekend, the British Treasury said Monday that it plans to spend as much as $63 billion bolstering the capital bases of three of the country's largest banks, partially nationalizing once mighty lenders in the process. "Today's plan is unprecedented," British Prime Minister Gordon Brown said at a Downing Street press conference, "but essential...
...effort to revive Britain's flagging banking sector has reversed the government's fortunes. Prime Minister Brown's broadly popular plan - which includes extra liquidity for banks and government guarantees for their debt - has inspired similar rescue packages across Europe. Still, one model won't fit all. "Some countries consider they don't have an insolvency problem, and are focusing more on providing guarantees to improve liquidity in the markets," says Antonio Ramirez, banking analyst at Keefe, Bruyette & Woods in London. (On Monday, for instance, Spain said it would guarantee new bank debt until...
...whole plan got afoot last fall when Thomas A. Dingman ’67, the dean of freshmen, took several upperclassmen to a theatrical essay toward racial understanding, “Nigger Wetback Chink.” While the group found the show useful as a point of departure, they were naturally concerned by its obvious drawbacks, such as the three-man troupe’s inattention to gender issues...
...have somebody out there to make more plays. Not much you can do, you gotta cover them all. They’re talented offensively.” With that much inexperience lining up, Murphy was forced to turn back the pages of his playbook to find a simpler plan of attack. A team used to draw plays and runs up the gut—with the occasional option to keep things interesting—suddenly threw reverses and end arounds at a Big Red defense that had nearly no film to work off of. The offense ran an end around...
...season that started so well.“We have to get everybody back on the same page,” Harvard coach Erik Farrar said. “We need to get back in sync and start doing what we do best, not [straying from] the plan.”Farrar’s concern stems from a disparity between individual talent on the Crimson roster and team play in the pool. While many have performed well, logging high save totals and solid offensive efforts, Harvard has just been unable to hold it together for four quarters. This tendency...