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Word: reasonableness (lookup in dictionary) (lookup stats)
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...primary reason that news organizations gave the bank story so much space was that the public knew the tests were a fraud. Warren Buffett said so, along with a number of other financial analysts. Bank balance sheets are so complex that applying one set of measures for all of them is irresponsible reductionism, these analysts argued. The second part of the fraud was much more elaborate. The government, led by Henry Paulson, forced large banks to take TARP money that they did not need. He made sure that the taxpayers received preferred shares in the firms in exchange...

Author: /time Magazine | Title: The Curtain Comes Down on Bank Stress Tests | 5/7/2009 | See Source »

This conspiracy theory always had one weakness. There is no reason taxpayers would want to own troubled banks. The stocks in the companies would have to keep moving up and stay up for there to be a reasonable return. The Administration, on the other hand, might like to have the ability to force decisions on the private banking system as it moves through instating its mortgage assistance and financial stimulus packages...

Author: /time Magazine | Title: The Curtain Comes Down on Bank Stress Tests | 5/7/2009 | See Source »

...that the only reason? Vijay Padmabahnan, who teaches law at New York's Cardozo School and was in 2006 the State Department's counsel on detainee issues, says the Obama Administration's release of the torture memos "is going to force former Bush officials who were involved in the decision-making to explain why the Administration thought it was necessary to use enhanced interrogation techniques...

Author: /time Magazine | Title: Why Is Condi Rice Joining the Torture Debate? | 5/7/2009 | See Source »

...problem for Republicans, as the RNC's Steele memorably put it in a TV appearance, is that there's "absolutely no reason, none, to trust our word or our actions." Republicans, after all, proclaimed that President Clinton's tax hikes would destroy the economy, that GOP rule would mean smaller government, that Bush's tax cuts would usher in a new era of prosperity; now the House minority leader says it's "comical" to think carbon dioxide could be harmful, and Steele says the earth is cooling...

Author: /time Magazine | Title: One Year Ago: The Republicans in Distress | 5/7/2009 | See Source »

...aware that the government is trying very hard and people are committed to make this better," Akashi said. "I think [military] action should be limited to self defensive purposes and absolutely necessary humanitarian causes, and if that policy is adhered to on the ground, I don't see any reason for us to re-examine our policy regarding...

Author: /time Magazine | Title: Behind Colombo's P.R. Battle Against the Tamil Tigers | 5/6/2009 | See Source »

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