Word: selling
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...through the system probably will not make the grade. These will have to raise more capital. Since private money is not abundant, the cash will come from the government and that means the U.S. will end up owning significant pieces of the largest banks. It may be able to sell those interests back into the private market at some point in the distant future. The taxpayer could even end up with a profit, but it never works that way. The money gets diverted by a Senator who needs to build a damn in Oregon to keep his job. (See what...
...debate whether you're going to close XYZ Bank, because while you're debating it, the consumers will make a run on it. And you can't openly debate whether you're going to nationalize bank stocks because in the meantime, everyone's going to sell them...
...eyes are now on the G20 summit, to be held in London on April 2. "One way to shore up investor confidence and stop the wholesale sell-off would be to get a coordinated response from the G20," says Shearing. "The market is being driven by fear and panic right now, which is what happens in a crisis. They could open up funding for the region through tie-ins with central banks in Western Europe or make available an IMF crisis fund of $500 billion for emerging Europe during the downturn...
...help explain why countries like Sweden and Finland are also among Europe's greenest. On a regional level, cooperation is a necessary component of Denmark's success - the Nordic nations share an electrical grid, and Denmark can take power from its neighbors when there's no wind and sell it when the breeze blows. But it also has something to do with the way people in the region think. "This is a place where people are highly motivated to address climate change," says Annie Petsonk, international counsel for the Washington-based Environmental Defense Fund. "Denmark says, 'We can do this...
...woman sitting next to me, nervously pressed her face to the window and confessed that she was scared - not so much of the flight, she said, as just coming to Baghdad. She was Kuwaiti, she explained, and had not been to Baghdad in 20 years. She had come to sell a house she owned but had never lived in. "My husband said I must not go, but I must," she told me. "'Baba,' I said, 'It is in God's hands.'" She was particularly nervous because her friends in Baghdad had told her they could not meet...