Word: toxicants
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Dates: during 2000-2009
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...bank plan is supposed to be getting under way right about now, with private players lining up to tap government lending facilities to buy so-called toxic assets from banks, thereby cleaning up the banks' balance sheets and facilitating lending across the country. But the banks, convinced the market was undervaluing the assets, toxic or not, have never been very enthusiastic about selling them. (See 25 people to blame for the financial crisis...
...Administration's stress tests were intended in part to force the banks' hands. By having regulators officially dictate how much capital big banks needed to raise, the government thought it could make the banks sell the toxic assets into the "public-private" buying scheme...
...situation has become bad enough that the FDIC, which is responsible for the "legacy loan program" to remove toxic loans from banks' books, is considering alternative plans to the one rolled out at the end of March by Geithner. A senior Treasury official says the legacy securities program, which is intended to handle toxic securities, is "chugging along nicely" and that they are seeing "interest on both sides" of potential sales. The official says that while some banks may be reluctant to participate, Treasury is not worried...
...student’s college-readiness and we wholeheartedly concurred. Then, upon learning that Baylor University had recently paid almost 900 incoming freshman to retake the SATs in an effort to raise the school’s US News & World Report ranking, we denounced this standardized test-gerrymandering as toxic. Unfortunately, this type of behavior is merely a distasteful product of an unhealthy and unwarranted cultural emphasis on test scores...
...from six years ago. But an estimated 160,000 students stay home from school every day because of bullying incidents, according to Dr. Allan Beane, a former teacher and bullying expert who authored The Bully-Free Classroom. "These kids get angry and frustrated, and it creates this sort of toxic shame within them," he says. "They also have gotten to the point where they can't trust adults to handle their situation right, so they wonder how they'll cope...