Word: shorted
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...success of IndyMac, though, shows that the government can accomplish its goal in a relatively short period of time. That's not the only evidence that the feds know how to hustle. Since the beginning of 2008, the government has seized 41 failed banks. In nearly all those cases, the FDIC already had buyers lined up for the failed institutions by the time they were taken over. Troubled banks are generally closed on a Friday and given to new owners over the weekend. In most cases, the failed bank's branches reopen with a new name on the door...
Huntsman, Gov. Jon • need for Republican party to rethink itself - "You cannot succeed being a party of the South and a couple of western states. It ... isn't long-term sustainable" (or, really, even, these days, short-term sustainable) - is expressed...
...mediator, facilitator and, if needed, as the taskmaster who intends to keep everyone on track. In his recently proposed budget, and on the campaign trail, Obama proposed the vague outline of a policy solution, including nearly $630 billion in new spending on health care in the short term, which would be coupled with long term cuts in the growth of medical costs. But he told leaders Thursday afternoon that he is not wedded even to his own ideas...
...Some economists argue it is unrealistic to expect that China, which saw its slowest growth in seven years last quarter, will be able to boost its domestic demand through short-term spending enough to mitigate steep declines in global trade. "The idea that China will be helping the rest of the world is a myth," says Ben Simpfendorfer, a Hong Kong-based China economist for the Royal Bank of Scotland. "Almost half of what it imports is related to export processing. A large share of the remainder is commodities. It imports little for its own consumption. That befits its status...
McCourt says most people have difficulty understanding the language in insurance policies. Even human-resources personnel may not fully understand all the intricacies of a policy when briefing a new employee. Also, coverage that appears adequate at first glance may fall short - eight annual doctor visits or three radiation courses may initially seem sufficient, but a breast-cancer patient can require many more visits and multiple radiation courses in just a few weeks of treatment...