Word: similar
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Dates: during 2000-2009
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...money-market funds after one big money-market fund revealed that it owned a lot of suddenly worthless Lehman debt. London-based hedge funds that relied on Lehman for day-to-day financing found themselves unable to do business because their accounts with Lehman's U.K. subsidiary were frozen. Similar dislocations played out around the world. Before long, financial institutions were paralyzed by fear. They simply didn't trust each other anymore, and didn't want to lend to each other. The financial system proved too fragile to handle the stress. (See 25 people to blame for the financial crisis...
...However, the heads of other firms, such as GM, have dismissed the possibility of similar deals. Moreover, the longer negotiations drag out between the union and automakers, the greater the danger of bankruptcy becomes. The answer, it seems, is some form of employee buyout. As Bloom himself has said, worker ownership is an ideal way to bring unions and management into a more constructive relationship. “Companies would come and ask unions to modify agreements in one way or another,” Bloom told The American Prospect’s Tim Fernholz...
...This major development in international relations involving both Iran and Russia has thus far been completely devoid of American influence. Israel, not the United States, is aggressively pursuing results on Iran, even standing up to Russia. Considering the United States’s difficulties with similar issues, such as the planned anti-missile bases in Central Europe, Israel’s accomplishments are impressive...
...state to Moscow. Simply put, Israel has proven itself unafraid to take direct, dramatic action to keep Iran in check. If Israel will not hesitate in playing tough with a country as powerful and potentially belligerent as Russia, the West cannot assume it will hesitate to use a similar “shoot first, ask questions later” policy in the future...
...They may make for good reading, but Fini's veiled threats to pull his support ultimately carry little weight. Same with similar threats from the anti-immigrant Northern League party and Catholic pols who dream of creating a new centrist movement. All of the major figures on the right have too much riding on Berlusconi, who paradoxically grows in power even as the scandals seem to weaken his moral authority. In some ways, Berlusconi is the Italian political equivalent of Bank of America or AIG: he is simply too big to fail. Too many who have carved out their slice...