Word: shore
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Dates: during 2000-2009
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...other financial institutions. It is using the money to buy preferred shares in banks, a move it began in late October. So far, it has invested $165 billion in 88 institutions, according to Treasury's website. That does not include the $40 billion the government has promised to shore up ailing insurer AIG or an additional $20 billion in funding for Citigroup, which was approved in late November when the financial giant appeared to be near failure...
With neither side inclined to give any ground, U.S. officials are concerned that renewed tensions over Kashmir could have consequences across the region. The most pressing fear is that Pakistan, worried about Indian retaliation for Mumbai, will send more troops to shore up its eastern border, taking away vital resources from the fight against the Taliban, al-Qaeda and other extremist groups along its border with Afghanistan. That would enable these groups to step up their operations against U.S. and NATO troops in Afghanistan. It's a prospect that troubles not just the Bush Administration but also its successor. President...
Beleaguered financial institutions looking to shore up their funding are battling for your deposit dollars, driving interest rates on bank products abnormally high. At first glance, that's fantastic news for consumers who are finding CDs that yield 4% and money-market accounts that pay 3%. But the competition for money - which will surely intensify as new bank holding companies like Morgan Stanley, Goldman Sachs and American Express amp up efforts to attract deposits - is also squeezing banks' profit margins, further straining an already weak industry and stressing smaller banks, many of which didn't go hog wild making risky...
Harvard Vice President for Finance Dan Shore declined to comment this weekend on reports of the new debt sales...
Multiple media outlets recently reported that Harvard was also seeking to shore up endowment holdings by selling $1.5 billion of its private equity portfolio at a drastically reduced price, but Forst declined to address those reports...