Word: prevented
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Dates: during 2000-2009
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...billion--so far--in federal aid. Its beleaguered top-management team is trying to undo most of the 1998 merger with Travelers. And the new Obama Administration is faced with the somewhat conflicting priorities of trying to avert a depression, nurse Citi and other banks back to health and prevent a repeat of the excesses that led to today's troubles--all while taking care that the U.S. government doesn't dig its own financial grave in the process...
...government's insurance scheme will play a key role in efforts to prevent that. Under the plan, scheduled to run for at least five years, banks will pay a fee to the government for taking out a policy. Lenders will also shoulder a "first loss" amount - similar to the excess on an auto insurance policy - as well as roughly 10% of the remaining losses. In return for picking up the rest, the government will require banks to sign agreements binding them to increased rates of lending. Just how much risk that exposes the U.K. government to is unclear; the level...
...close all air vents and openings in the plane to keep the aircraft buoyant in the water. Pilots are instructed to keep the nose up slightly, but not so much that the aircraft slams down roughly on contact. They also are supposed to keep the wings level to prevent one from being clipped by a wave, causing the aircraft to go into a spin or break apart...
Even if forced out of power, Hamas would maintain a resistance role that would prevent anyone else from governing the territory. (The organization is estimated to have close to 20,000 men under arms in Gaza, of whom Israel claims to have killed no more than 2.5% so far.) That would force Israel to reoccupy a territory from which it sought to separate in 2005. Still, Israeli leaders hope the military operation can deal a powerful enough blow to hobble Hamas. They still wish to see Abbas' authority reimposed as part of any truce. More realistically, perhaps, Arab mediators...
...open-ended cease-fire without defined timetables and verifiable goals, although its ability to hold out for its terms will be determined by the resilience of its forces on the ground. But Egypt and other regional players will press Israel to formalize the truce terms in order to prevent a recurrence of the horrors seen in Gaza over the past three weeks. (See pictures of heartbreak in the Middle East...