Word: problems
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...While [Wells'] management's efforts to 'de-risk' Wachovia's problem loans may help in the near term, we still expect losses to exceed management's expectations," wrote analyst Paul Miller, who follows banks at FBR Capital Markets, in a recent report to clients. Miller, who rates Wells' shares "underperform," expects Wells' stock to fall by half its current price to $12. "Given our macro outlook ... we just can't get comfortable with Wells' balance sheet...
...others haven't faced the one issue that has to be dealt with, and that's what you do with these loans and this bad real estate. Instead of that, they passed out all this TARP money to banks, and the banks aren't lending because the essential problem hasn't yet been solved...
American management has been trained that any company can think and execute its way out of trouble. That means that there is a solution to every sales or cost problem. It is just a question of finding it and pulling the right strings to make it work...
...disability benefits for head trauma sustained while playing football, but was refused similar recompense from the NFL. Testifying in 2007 at a congressional hearing on NFL retirement benefits, Boyd described the NFL's process as "delay, deny and hope I put a bullet through my head to end the problem." Of the 8,000 living NFL retirees, slightly more than 300 receive disability benefits...
...events in Punjab - and thousands of miles away in Austria - point to a broader problem: the dangerous mix of inequitable development and enduring caste-based resentment. The northern state has a higher than national average population of Scheduled Castes, an umbrella term for various lower castes, with 28.95% in Punjab against India's average of 16%. "Dalit Sikhs and Ravidasias, especially in the fertile Doaba belt which sends out a large number of immigrants, have seen immense prosperity lately, and with it, a rising Dalit consciousness and assertion," says Dr. Ronki Ram, reader in the Department of Political Science...