Word: similarly
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...hook to pay off the "insurance" which kept the likes of Goldman from having to book large write downs. Those write downs might have pushed Goldman into a difficult financial situation. The same holds true for a number of the other companies doing business with AIG under similar circumstances...
...number of institutions involved in swap-trading were limited to those trading with AIG, then AIG is probably not too big to fail. We have to worry about chains of claims. Just because AIG dealt only with banks does not mean those banks did not rewrite similar contracts with hedge funds...
...College fell 10 percent in the fall of 2008 and 19 percent this spring. Six thousand eRecruiting interviews were held on campus this year, she said. “The economy’s sinking, and we weren’t surprised,” Mount said. Students shared similar sentiments about the shrinking job market. Tracy L. Meng ’10 said she secured an internship with a consulting firm this summer, but said that this year’s job process had been especially difficult. “It’s been tough...
...plan is considered a long shot. The political wisdom in Washington suggests that for any proposal to actually stand a chance, it would have to build on the existing employer-based system. For much the same reason, few believe that "single payer" health care - a government-financed system similar to Medicare - will be given any serious consideration. As one Administration official put it in describing the Wyden plan, "A lot of people think this is where the system should be 20 years from now, but no one sees how it can be there two years from...
Westin St. John Resorts & Villas is offering a similar favor: if you're laid off after booking a trip, let the resort know 15 days before your arrival and you'll get your money back. All stays include free breakfast and a $150 resort credit, plus the fifth night of a five-night stay free. Current rack rates start at $629 per night. After April, rates drop to $489 per night. Book by April 30 for travel through...