Word: toxicants
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Dates: during 2000-2009
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...bailout money they've received, some of America's biggest banks are still unwilling to sell many of the toxic assets clogging their balance sheets. The prices being offered, they say, are simply too low, and neither massive government subsidies for buyers nor encouragement from President Obama has thus far been sufficient to change their minds...
...meeting between Obama and the nation's top bankers on March 27, the President encouraged the CEOs to participate in programs designed to purge the toxic assets. But after politely voicing support for the programs in principle, the bankers said that in practice, the prices for the toxic assets were still going to be too low when the programs are launched in coming months, according to a source who was in the room, which was confirmed by another source who was briefed by participants. (See 25 people to blame for the financial crisis...
...managed which will not help Allison do his job. Elizabeth Warren, chairwoman of the Congressional Oversight Panel, has expressed grave concern about whether banks which received government money are setting exorbitant fees and interest rates for their customers. There is also a concern that the new program to buy toxic assets from banks is not set up properly to get fair value for those assets...
That's the theory. But some experts point out that, in practice, stem cell transplants are not always a home run. For one, transplantation is a grueling and toxic process in which a portion of the body's tissues - the immune system - is destroyed with dangerous radiation. Then, there is the question of timing. In most cases, patients with type 1 diabetes do not show symptoms of their disease - such as high blood sugar levels - until they have depleted their beta cell population considerably. Dr. David Nathan, director of the diabetes center at Massachusetts General Hospital, notes that at this...
...they are broadening their range to well beyond the Gulf of Aden to several hundred miles off the Somali coast. They once portrayed themselves as a coast guard for a country that has no government, and said they were striking back against fishing boats that illegally fished and dumped toxic waste in their waters. But what may have started as a seed of retaliation has bloomed into a full-blown criminal enterprise, with pirate financiers and organizers in cities across the world and the exchange of millions of dollars in ransom...