Word: shedding
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Also, despite the messes in the mortgage market and elsewhere, many remain optimistic that the financial industry in the U.S., unlike, say, auto-manufacturing, will rebound. As troubled large banks have shed employees, a number of smaller firms and international competitors have moved in to snap up workers. And Keith Leggett, chief economist of the American Bankers Association, says new banks are continuing to be formed, even as other fail...
...after he had been shot, according to Middlesex County District Attorney Gerard T. Leone, Jr. ’85. The Crimson reported last month that Cosby has been linked to drug sales to Harvard students.In interviews with The Crimson, those who shared a floor with Cosby and his mother shed some light on the victim himself, painting a picture of a boy always willing to lend a hand, often offering to help his neighbors carry the groceries.“He was a mama’s boy,” Denise Cosby said, adding that her son chose...
...crude stereotype of a self-interested empire. The United States has been one of the greatest sources of progress that the world has ever known. We were born out of revolution against an empire. We were founded upon the ideal that all are created equal, and we have shed blood and struggled for centuries to give meaning to those words - within our borders, and around the world. We are shaped by every culture, drawn from every end of the Earth, and dedicated to a simple concept: E pluribus unum: "Out of many...
...many tears have flowed. Too much blood has been shed. All of us have a responsibility to work for the day when the mothers of Israelis and Palestinians can see their children grow up without fear; when the Holy Land of three great faiths is the place of peace that God intended it to be; when Jerusalem is a secure and lasting home for Jews and Christians and Muslims, and a place for all of the children of Abraham to mingle peacefully together as in the story of Isra, when Moses, Jesus, and Mohammed (peace be upon them) joined...
...worrying multiple: the leverage of U.S. banks in 1993, years before the start of the asset bubble whose excesses have now brought the world to its economic knees, was just 20. To bring leverage back to that pre-bubble level, Nomura estimates that U.S. banks need to either shed $2.8 trillion in tangible assets (by selling loan portfolios, subsidiaries and other holdings) or else raise $141 billion in new capital...