Word: tappingly
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Dates: during 2000-2009
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...invested in a variable-rate annuity goes into mutual-fund-like sub-accounts, which are walled off from the general account the insurer uses for its other obligations. It's like having a set of mutual funds at a broker: SEC regulations apply, and AIG's creditors can't tap those assets...
...deal with the additional demand created by electric cars would simply be to build more power plants. That would be expensive, however, and, if the additional plants burned coal or natural gas, bad for climate change. A better solution: tap into the enormous extra capacity of the grid during off-peak times, like between midnight and dawn. According to a study by the Pacific Northwest National Laboratory, off-peak capacity could support the conversion of 73% of the current auto fleet - enough to cut demand for oil in half - without the addition of a single extra plant, provided the cars...
...lines for every 100 people - the lowest rate anywhere in the world. That has left much of Africa reliant on satellites for its Web access. But they are costly to use and offer limited capacity. O3b - short for the "other 3 billion" around the world who are unable to tap into the Web - plans to deploy spacecraft more cheaply by orbiting them at lower altitudes than traditional satellites. That should also speed up connections...
...rating downgrade that could lead to the firm's unraveling. On Sunday AIG reportedly asked the Federal Reserve for a $40 billion bridge loan to tide it over. On Monday the firm initially got a special dispensation from the governor of New York, the state that regulates it, to tap $20 billion in capital from its subsidiaries. Then it paid a visit to the Federal Reserve Bank of New York, where President Tim Geithner turned down its loan request but, according to the Wall Street Journal, asked Goldman Sachs and Lehman Bros. to organize a $70-billion to $75-billion...
Because of the critical importance of education, I will create a realistic teaching-certification requirement so outstanding people with many years of service and work have the opportunity to teach. I will increase service opportunities for the disabled community and also tap the wisdom and experience of our veterans and retirees for our service initiatives...