Word: thus
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...some finance experts think that by focusing the discussion on who pays for ratings, a much larger issue is missed entirely. Since the 1930s, regulators themselves have relied on the judgment of private ratings agencies - thus giving the companies exalted status and immunizing them from competition that might otherwise keep them honest. It started with bank regulators in 1936, and over the years different parts of the government, overseeing everything from insurance companies to money market mutual funds, have turned to the ratings agencies for guidance. (Vote for the 2009 TIME 100 Finalists...
...more attractive terms than the TALF or investment funds offer, and the buzz that it immediately generated helped give the whole package a good investor-friendly feel. But the TALF plan helps in its own way. Though just getting started, it seems to have a chance at success, and thus gives the impression that the collaboration between the government and investors might work. Next to those two pillars, the once shaky "public-private investment fund" idea now seems sturdier and more likely to succeed...
...styles that they are not as familiar with. When HCAMA was first formed, the sessions were usually held in dorm basements or common rooms, but, O’Connor says, “there was no social dynamic in basements, because the atmosphere was so mundane.” Thus, the recent move to the pub was like a breath of fresh air. It seems to also have affected the patrons of the pub as well. “People at the pub seem to love this kind of music. There’s always a look of surprise when...
...healthy sexual decision-making. By the time adults are in their 20s, they have even fewer resources. The National Campaign is conducting a survey of young adults in their 20s that will be released later this year, and Brown says she has been shocked by some of the findings thus...
...After all, how can Obama ask for upwards of another $750 billion for another bank bailout (as he has in his 2010 budget) and $100 billion to help the world economies, when it appears the Administration has had little control over how the banks have been spending the money thus...