Word: slowes
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...confidence of U.S. allies abroad and understands the deeply complicated world of global finance far better than the lawmakers who may soon write new legislation to regulate it. But he has not been a strong public face for a government that needs to project confidence. He has been slow to staff his department, hampering the Administration's ability to react to the crisis - and possibly helping explain Treasury's leaden-footed reaction to the AIG bonuses, which were first reported in January. A former Treasury official blames Geithner for a "strategic hesitation that has really affected the confidence index...
...would not be vulnerable to such a backlash when it unveiled a similar government program this week. But that program also had trouble getting off the ground. The Term Asset-Backed Securities Lending Facility, which is designed to spur trading in securitized consumer loans, has gotten off to a slow start, attracting only a handful of applications during the two-day window for participation this week. The total size of the deals fell well-short of the $200 billion the Federal Reserve initially made available for the program, let alone the $1 trillion to which the Fed eventually raised...
...shouldn't doctors attack any cancer aggressively? Usually, but in the case of the prostate, things are less clear. Many cases of prostate cancer are very slow-growing, so slow that, depending on a man's age and overall health, he may die of something else before the cancer can ever hurt him. Meanwhile, aggressive treatments, particularly surgery, can lead to impotence or incontinence or both - a high price to pay for a disease that was not going to trouble you much...
Immediate financial fixes. Central banks and financial technocrats are moving to end some of the more flagrant abuses and rethink the financial system's rules - but, inevitably, that is a slow and painstaking task. London needs to serve up some quicker fixes. One suggestion: an immediate ban on opaque off-balance-sheet "special purpose vehicles," which played such a big role in the meltdown (and in the Enron scandal). Another: the establishment of a G20 College of Supervisors, the beginning of a world regulatory body to oversee financial markets, coordinate national responses and troubleshoot crises at cross-border financial institutions...
Between 2004 and 2006, with 12 other committees exploring different areas of the undergraduate experience, and no one clearly in charge of the main Gen Ed committee, progress was slow. In January 2006, the committee finally agreed on a distribution requirement that would include all classes in the FAS course catalog, Simmons said, because it was simply the only thing they could agree on: a “common denominator...