Word: speeding
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...Brown's speed-of-light transformation from champion of market liberalization to strict regulator has left even his allies shaking their heads in disbelief. "Who would have dreamed that a financial crisis would have given Labour a lifeline?" marvels former Home Secretary David Blunkett. One reason is that Brown has shifted blame to greedy bankers (he inveighs against "the age of irresponsibility") and to America's subprime mortgage debacle. "It is pretty clear to me that this problem started in America," Brown declared as he unveiled the bank bailout. The idea of a global contagion originating in a distant country...
...level a year ago, according to Bank of England statistics. Just as Europe's banks were overextended, so consumers in many countries ramped up their household borrowing in the past few years - usually because rising house prices made them feel richer. For policymakers, the critical issue is the speed with which the inevitable weaning off of credit now takes place. If the "deleveraging" is quick, it will mean the European economy will be much better placed to rebound on a healthier footing. But curtailing credit would hurt consumers who are deep in debt, and would have serious consequences for retailers...
...Stone gets points for speed and efficiency - he shot the picture over 46 days this spring and summer on a tiny $30 million budget and gave it a rich, polished look - but not for the scope of his vision. W. isn't tragedy or farce; it's illustrated journalism, based mostly on extant Bush biographies and memoirs of early Bush appointees. All the incidents are there but not the insight. What's missing is the one thing Stone films have never lacked: a point of view...
...sophomore Gino Gordon—for 43 yards, and then threw a reverse into the mix for good measure—a play that ended in the Crimson’s fourth touchdown. “Even though we lost three guys, at least our young guys have speed, so those are natural types of plays, very simple to try and get them the ball,” Murphy said. “Especially trying not to do a lot of intricate things…Our whole philosophy is that we have a big cookbook and we just...
...down financial institutions deemed too weak to survive or warrant a 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...