Word: shapes
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...should stick with the current plan, and continue to buy up preferred shares in bank stocks. But a growing number of economists and industry watchers say we need a new direction. Among the ideas being floated are having the government take over the banks that are in the worst shape, creating a "bad" bank that would buy up the mortgage bonds and other assets, or changing accounting rules to protect banks from future loan losses...
...until the shops could restructure. These so-called debtor-in-possession, or DIP, loans kept the company operating. In the early 1990s, for example, Macy's spent nearly two years in Chapter 11. Today, banks aren't keen to lend to anyone, least of all a retailer in miserable shape. (See the worst business deals...
...foreign policy out of the red by late in his first term. If the economy starts growing again, if the U.S. troop presence in Iraq drops without a return to anarchy, if there's a real thaw with Iran and if the outlines of a political settlement take shape in Afghanistan, then Obama will have an opportunity to define his agenda rather than having America's weakness define it for him. If he has the chance, my guess is he'll revive a vision that has intrigued progressive Presidents since Wilson: collective security, the idea that ultimately America's security...
...Disputes among Arab leaders are nothing new, and the current rift was evident long before the war in Gaza. But the bloodshed and destruction wrought by Israel's offensive against Hamas has sharpened those differences, and will continue to shape regional dynamics in the months to come. At its most simplistic, the divide pits a so-called moderate camp, backed by the United States and led by Saudi Arabia, Jordan and Egypt, against a "resistance front" group that includes Syria along with powerful political and military movements such as Hamas and Lebanon's Hizballah - all of which oppose Israel...
This is the source of our confidence - the knowledge that God calls on us to shape an uncertain destiny...