Word: swallower
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Dates: during 2000-2009
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...size of Congress's, Pelosi has shown herself unwilling to quietly execute Obama's agenda the way former Speaker Dennis Hastert did President George W. Bush's. Back then, House Republicans didn't openly revolt against President Bush until the sixth year of his Administration, bitterly but quietly swallowing early bipartisan programs like the Medicare Prescription Drug Plan and No Child Left Behind. By contrast, even before Obama took office, he and Pelosi diverged on bailing out the failing auto companies. Looking to secure as much support as possible for the controversial aid package, Obama did not rule out Republican...
Australia's Minister for Climate Change Penny Wong told the media the heat wave was "consistent with climate change, and all of this is consistent with what scientists told us would happen." But some readers remained skeptical. "One swallow does not make a summer?a few stinking awful days doesn't mean the climate is changing either," one person emailed to the Canberra Times. It was not clear where in Australia he lived...
...sales, doing more harm than if the government just left the troubled loans where they are. Sources say the Federal Reserve would prefer to let the banks keep the loans and troubled bonds for now and instead provide the banks with insurance policies guaranteeing that the government will swallow a good deal of future credit losses. But a similar deal that the Fed struck with Citi did little to boost that company's stock or stave off fears that it may soon go under...
...matter what happens, things have definitely changed for Lewis and other former titans of the banking business. A few months ago, BofA's CEO was hailed for running a bank so prosperous that it was able to swallow mortgage lender Countrywide Financial and investment bank Merrill Lynch in the depths of the worst banking crisis in recent history. The trade magazine American Banker named Lewis Banker of the Year in December. Now he's fighting to keep his job. And even if he succeeds, he's got a new partner. The government already has a large stake in his bank...
...banks. Some say it's because investors fear the problems at the banks are larger than the guarantees they received. What's more, both guarantees involve the two banks taking more losses before the government insurance kicks in. In Citigroup's case, the bank will have to swallow $29 billion more in bad loans before it is protected from further losses...