Word: scheming
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...That's partly because, as Brown himself pointed out, "almost every country in the world followed" where he led in the fall, introducing their own variants on the recapitalization scheme. But it's also because Britain is no longer in the vanguard in dealing with the crisis. Germany's recently unveiled stimulus package came later but is bigger than its British equivalent. The world is understandably much more interested in what President-elect Barack Obama's Administration will do than in what is being done in Britain today. (See pictures of the financial crisis in London...
...Brown and Darling gathered on Monday to unleash a slew of new schemes, the stakes for the Prime Minister - and the British economy as a whole - could scarcely have been higher. Central to those plans is the creation of a bumper insurance scheme that will permit banks to buy cover against losses on bad loans in the hopes that this will encourage banks to start lending to Britain's cash-strapped companies and consumers. Also announced: a $74 billion scheme allowing the Bank of England - Britain's lender of last resort - to buy high-quality assets directly from financial institutions...
...main opposition parties, the Conservatives and the Liberal Democrats, have both pledged to scrap the scheme if they wrest power from Labour. Boris Johnson, London's Conservative mayor, is an enthusiastic proponent of an alternative plan to build a brand new airport in the Thames estuary. He describes the decision to greenlight Heathrow's expansion as "pure political machismo." (See pictures of Boris Johnson...
...Please accept my profound apologies for the terrible inconvenience that I have caused over the past weeks.' BERNIE MADOFF, the Wall Street broker accused of operating a $50 billion Ponzi scheme, in a letter to his neighbors published a day before a federal judge allowed him to remain free on bail...
...plea agreement that could conclude the fraud case against him without a trial. But that's just the beginning of Litt's work. Madoff took as much as $50 billion from investors around the world, working with dozens of feeder funds and other middlemen to lure money into his scheme. Litt will have to decide who among these people is at fault as well. And he will have to do so in an environment in which many powerful and formerly wealthy people are angry. Madoff says he acted alone, complicating matters...