Word: react
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...What doomed AIG was the rating agencies' decision - they had suddenly awakened to AIG's problems - to sharply downgrade the firm's securities. That gave AIG no time to react, no time to raise more capital, no more time to do anything else but beg for help. Because AIG is in a much scarier situation than Lehman - the insurer has assets of $1 trillion, more than 70 million customers and intimate back-and-forth dealings with many of the world's biggest and most important financial firms - Uncle Sam felt that it had no choice but to intervene...
...during which short trades were tracked by the SEC, and found that 30% of all trades are short sales. And outfits including Goldman and Morgan Stanley are no strangers to going short in their proprietary trading strategies. All the short sellers are going to do is make the market react faster, he says. "The question is, Can the short seller take a firm down? The answer is no. Not by themselves. If there is nothing fundamentally wrong, all you need is a couple of smart people on the other side to show that they're wrong," says Asquith...
...significant industry that could attract foreign investors. Put alongside this the stationing of rockets in Poland, radar posts in the Czech Republic, and America's flirt-and-more with the states of the once "soft underbelly" of the (Soviet) Russian bear, among them Georgia. Russia had to react! We thought it a good idea to put a ring into the nose of the Russian bear in Kosovo, and the bear now drags the supposed bear tamer by his own rope over the bloodstained ground of Ossetia. Volker Galperin, SYKE, GERMANY...
...newspapers. This has all changed in the last month, as the Administration stepped up Predator missile attacks. And then, after the New York Times ran an article that U.S. forces were officially given the go-ahead to enter Pakistan without prior Pakistani permission, Pakistan had no choice but to react...
...Both candidates were asked to react to the speech by McCain's vice-presidential nominee, Sarah Palin, at the Republican National Convention, in which she seemed to belittle Obama's history of community service. ("A small-town mayor is sort of like community organizer, except you have actual responsibilities," she said to cheering delegates in St. Paul, Minn.) McCain said Palin was responding to criticism of her experience before becoming governor of Alaska and that "mayors have the toughest job, I think, in America." He also added, "Of course, I respect people who serve their community. And Senator Obama...