Word: prospective
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Dates: during 2000-2009
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...Most importantly, the government stipulated that in order to become eligible for government funding, banks would have to give up something - namely equity - in return. In the case of one leading bank, the mere prospect of the government taking a stake was enough to persuade shareholders to dig deeper and raise money on their own. For the rest, the government was able, once the markets rebounded, to sell off the stakes it had acquired, making a profit that was effectively returned to taxpayers' coffers. At one point the government controlled more than 20% of the entire banking system...
...would grant credit to an applicant with more than a 33% debt-to-income level. French banks have also always favored fixed-rate mortgages over more enticing but perilous variable-rate loans. The French real estate market is slowing, but the more prudent approach of French banks lessens the prospect of foreclosures, which have haunted millions in the U.S. and are one major origin of the current crisis. That's hardly a reason for smugness, either, though, since there's scant evidence that enlightened domestic practices in France or anywhere else can ward off contagion from a global meltdown...
Becker noted that the intellectual intensity of the one-on-one tutorial could be daunting to some students faced with the prospect of two-hour conversations with their tutor...
Those who had, however, said they were excited by the prospect of seeing him at Harvard...
...have turned to traditional grassroots efforts, including projects to ban soda from school cafeterias and reduce the amount of direct junk-food advertising available on TV. These efforts are noble in intent, but lack the essential incentive so critical to the decision-making processes of the average American: the prospect of cold, hard cash. The easiest way to get Americans to lose weight is to offer a $1,000 tax credit to adults who sustain a BMI between 18.5 and 25—the range considered to be healthy by most medical professionals...