Word: term
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Dates: during 2000-2009
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Also, many private players plan to take advantage of federal financing programs, such as TALF (Term Asset-Backed Securities Loan Facility) and PPIP (Public-Private Investment Program), which will give them low-cost financing when acquiring troubled assets, making their potential returns even frothier. (See the top 10 financial-crisis buzzwords...
...there will be plenty to buy. "There's probably a lot of financial institutions that hold mortgage debt today that just can't hold it long-term and will eventually have to be sellers, whether it's regional banks or major financial institutions that need to deleverage," says Greg Ressa, a partner and head of real estate at Simpson Thacher & Bartlett LLP. (See 25 people to blame for the financial crisis...
...directly cooling the planet via a controlled experiment to counteract our uncontrolled one. Indeed, according to a just-published paper for the Copenhagen Consensus on Climate - a think tank studying inexpensive solutions to climate change - geoengineering might not only be a good way to bring rising temperatures under short-term control while we wait for the longer-term fix of cutting carbon emissions to take hold, it might be the only...
...first taxed or borrowed out of the economy," says Riedl. "The jobs we create in one county come at the cost of jobs in another county. It is a zero-sum game." Riedl believes there are times when government action is called for on humanitarian reasons. But in terms of economic growth, he says, "the only government spending that creates a net bonus for the economy is spending that results in gains for long-term productivity...
...constituencies for the first time in years - to make a cleaner impression," says Daigo Sato, of dot-jp, a non-profit that places students in Diet internships. Fumio Kyuma, former defense minister and LDP representative of Nagasaki-prefecture, has recently made the rounds in order to secure a 10th term now that he's up against 28-year-old female DPJ candidate Eriko Fukuda. Fukuda not only represents the DPJ in age (on average, DPJ members are younger than LDP members), she also literally embodies opposition to LDP oversight. Fukuda is one of many Japanese infected with hepatitis...