Word: shootings
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Dates: during 2000-2009
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...Treasury is planning to pursue both direct infusions of capital and the purchase of bad assets to help clear the market. But outside observers already have qualms about a voluntary program. The consensus among experts seems to be that Treasury should shoot the wounded and let the surviving banks buy their assets. "There is no use in injecting equity into institutions that are basically insolvent," says Harvey. There's also what's known as the "lemons" issue: any bank that applies for funds might spook investors. The solution is to make all healthy banks participate...
...exclusive interview with TIME, Rozi Khan's younger son, Khosal, who was wounded that night, gave an eyewitness account of the shoot-out. At about 10 p.m. his father got a call from a friend named Samad Jan, who had heard suspicious noises and feared Taliban fighters were surrounding his home. "The Taliban had come to Jan's house a few nights earlier," says Khosal, and his father had promised to come to Jan's aid if they showed up again...
...borrow cheaply and why mortgage rates in the U.S. have historically been low. If the dollar has to share top billing with other currencies, it will be harder for the U.S. to finance a profligate lifestyle and run big deficits, as the nation currently does. Expect mortgage rates to shoot up and your overseas vacation to get a lot more expensive. In the past, Snower says, "the U.S. could live off the fat of the rest of the world. Now it won't be able...
...used to be hip. I can't be hip anymore. I'm running for President.' ?Senator Obama, after refusing to wear hip-hop-influenced clothing for a photo shoot...
...heading up Achieve, a corporate-driven education initiative that is separate from Ed in '08. Barrett says no one is talking about how we've set such low expectations for our students, who are falling behind other nations'. Instead, he says, "The national debate is on did Sarah Palin shoot a moose or a caribou? Let's get over...