Word: threats
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...greater threat to investors springs from the fact that Wells Fargo's loan losses could exceed the government's expectations. In calculating the stress tests, government bank examiners applied different loan-loss rates for different banks. For instance, bank examiners were relatively tough on Wells' primary mortgage-loan portfolio, predicting that nearly 12% of the loans would default over the next two years. This compares to an estimated loss for Citigroup of just 8% for its primary mortgage loans. That makes sense. More of Wells' mortgage loans are concentrated in California than Citigroup. And California has had more foreclosures than...
...Knowing that Merkel is under pressure because she has made saving Opel a key campaign issue, GM could be using the threat of insolvency to pressure Berlin into providing more aid. Merkel and her political rivals, the Social Democrats, have come too far down this road to back out now, some German commentators have suggested, exposing the government to high-pressure tactics from...
...president of domestic and international passenger services for France's state rail company, Société Nationale des Chemins de Fer Français (SNCF). "For a company like ours - which derives 20% of its business from international travel - this liberalization is far more an opportunity than a threat...
...Republicans are worried about putting off Hispanics, they are also under enormous pressure from the right not to let Sotomayor go without a fight. "President Obama carried through on his threat to nominate a Justice who would indulge her policy preferences and biases on the bench," says Ed Whelan, president of the Ethics and Public Policy Center, a group opposing Sotomayor's candidacy. "I'm going to continue to do all I can to expose Sotomayor's view of judging and why she's not a good pick for the court." Conservative activist groups are already airing commercials that attack...
...want or need, but which provide jobs for their constituents. Usually, they win, too. It is just too difficult for a Secretary of Defense to argue against shiny new weapons systems with subcontractors in 46 states, even if they are fantastically over budget and designed to counter a missile threat that the Soviets never perfected 30 years...