Word: toxicants
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...turmoil and layoffs still to come, the future may not look like the halcyon days of the past—heavy deleveraging threatens to cut into profits, and Congressional leaders are already clamoring to include limits on executive compensation in the proposed bailout plan in return for taking toxic mortgage-backed securities off Wall Street’s hands at premium prices...
...idea of clamping down on executive pay before a firm is allowed to take part in the proposed $700 billion toxic-asset bailout program seems eminently reasonable. After all, we're talking about the very well-compensated execs - hello, eight figures - who ran the firms that drove the demand for the securities that caused the problems in the first place...
...Bush EPA just walk away is shocking.' BARBARA BOXER, chair of the Senate's Environment Committee, saying the Environmental Protection Agency bowed to pressure from the Pentagon in its decision not to remove a toxic rocket-fuel ingredient found in the drinking water of nearly 400 sites in 35 states...
...Paulson and Bernanke asked for the world--and warned lawmakers they had only a few days to deliver it. Treasury needed $700 billion to buy up Wall Street's toxic mortgage-backed assets, which the government would eventually repackage and sell when the real estate market recovers, and a crisis might be averted. The proposal was simple, only three pages long. "Ben, Tim and I had talked for months about how there might be a need to do something like this, discussed the various plans," Paulson told TIME on Sept. 24. "The one thing we knew was that we couldn...
...pale in comparison to the consistent double-digit returns posted by the wealthiest university endowments over the past few years, they remain robust in light of the worst financial downturn in decades—one that has prompted a U.S. government plan to purchase up to $700 billion of toxic securities in an effort to cleanse the balance sheets of the country’s ailing financial institutions. The unprecedented government intervention in the market follows a series of financial shocks in recent weeks, including the failure of Lehman Brothers, the government takeover of mortgage giants Fannie Mae and Freddie...