Word: solidated
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...government bailout. In August 1997 Thailand closed 42 finance companies. Indonesia closed 16 banks in October 1997, and Korea closed 14 merchant banks that December, according to Merrill Lynch. This separating the wheat from the chaff helped to speed economic recovery because it made clear which institutions were solid and could be trusted...
...mortgages, he says, but not in the huge way the banks did - only about 10% of investments were in those areas industry-wide. It is those investments that have caused recent reported investment losses at MetLife and The Hartford. About two-thirds of insurance company investments are in solid, conservative instruments like federal and municipal bonds. Even AIG, the insurance giant bailed out by the federal government in September, is solvent in its insurance operation. The losses at AIG came mostly from the unrelated financial services division, which other insurance companies do not have...
...study—which modeled the effects of varying amounts of smoking and solid-fuel use on COPD, lung cancer, and tuberculosis—predicted that 65 million people would die from COPD and 18 million from lung disease in this period. Eighty-two percent of COPD deaths and 75 percent of lung cancer deaths in the model can be attributed to the combined effects of smoking and pollution...
...financially on Wall Street and politically for the GOP: candidates are tanking in the polls, while surveys show voters still trust Barack Obama more on the issue. Obama has solidified his hold on almost every blue state, taken the lead in almost every purple state and gained small but solid leads in several large red states, including Ohio and Florida. John McCain was already bound by a limited set of combinations to reach 270 electoral votes; now, without a major change in the race's dynamic, he has no clear path. Sarah Palin revitalized her image with a folksy, defiant...
...undeniable that John Paul II, who referred to Jews as Christians' "older brothers" and was the first Pope to visit a synagogue, has built a bridge in Catholic-Jewish relations that remains solid. Benedict appreciates the importance of that bridge, but he has also shown a tendency to forge ahead with what he thinks is right for his church. In diplomatic terms, perhaps the cause for sainthood for a still controversial Nazi-era pontiff could use a somewhat longer "period of reflection." And maybe a Pope from another country. - With reporting by Francesco Peloso / Rome