Word: staked
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...earn carbon credits under the Kyoto Protocol, since the trees will sequester carbon dioxide that would otherwise warm the atmosphere, and eventually the forests will help rebuild the disappearing habitat for species like the indri. What's more, the project employs job-hungry villagers and gives them a financial stake in the new forests, which is key if conservation is going to work. To save the animals, you need to save the trees, and to save the trees, you need to save the people. "We're bringing back the shelter of the forests, and we don't have...
...potentially recoup some of the funds taxpayers are being asked to spend to help get the credit markets rolling again. The idea, says Lundgren, is not to just give money, but "to get some ownership (in return), and eventually be able to get some revenue back." By taking a stake in its enfeebled banks, Sweden was able to minimize the taxpayers' burden in the long...
...Most importantly, the government stipulated that in order to become eligible for government funding, banks would have to give up something - namely equity - in return. In the case of one leading bank, the mere prospect of the government taking a stake was enough to persuade shareholders to dig deeper and raise money on their own. For the rest, the government was able, once the markets rebounded, to sell off the stakes it had acquired, making a profit that was effectively returned to taxpayers' coffers. At one point the government controlled more than 20% of the entire banking system...
...finance the economic boom in the Baltics and points east. Whether its approach could work in the far larger and more complicated U.S. market isn't clear. Certainly the captains of Wall Street would bray over the mere hint of nationalization. But with hundreds of billions of dollars at stake, it might be worth, at the very least, a hard look...
...everyone has an interest in that, sometimes to the tune of hundreds of billions of dollars. In the massive bazaar of legislative trading that is the U.S. Congress, America's elected Representatives are out to get what they can for their most important constituents - be it an equity stake in the companies that the government helps, more aid for struggling homeowners or new limits for executive compensation on Wall Street, all add-ons that many Democrats are pushing...