Word: toxication
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...plan are legion, but one irksome feature is that the banks that made the worst mistakes are in line to get the most help, providing little incentive for future managers to mend their ways. And all taxpayers would get for their rescue money is a mountain of toxic loans of highly dubious value...
...bailout of the nation's beleaguered financial markets has become a taffy pull between the Bush Administration and lawmakers from both parties. Many on Capitol Hill believe Treasury Secretary Henry Paulson is seeking too much unregulated cash and power in his effort to stabilize the economy by buying up toxic mortgage-backed securities. He's also asking Congress to lift the ceiling on the national debt to a record $11.3 trillion from the current $10.6 trillion, which could weaken the U.S. dollar, raise interest rates and act as an additional drag on the economy. All that money...
...lead to a series of emotions not unlike mourning, and spouses feel that, too. You have to get through the emotional reaction. This is advice based on research of people who took 20 days and wrote daily about their feelings. By doing that, you can get rid of the toxic stuff that will leach out in your conversations with other people. You can fulminate or say ?why didn?t I? or call your boss names, anything you want. And then at the end of the 20 days, burn what you wrote. And you?re ready to get on with...
...could make it through Congress. The key issue was to get something that could pass, and quickly, as failure would produce a panic that would be unstoppable. What they came up with was the broad, three-page plan giving the Treasury $700 billion to buy back Wall Street's toxic mortgage-backed assets and eventually repackage and sell them...
...Despite deep disagreements about how such a turnaround might be achieved, there's one point of unanimity: disunity is toxic. "Divided parties don't win elections," Ed Miliband warned a rally in Manchester. His elder brother, Foreign Secretary David Miliband, declared his loyalty to Brown, but he is seen as the front runner to replace the PM, and relations between the Foreign Office and Downing Street of late have been about as cordial as those between Britain and Russia. And though David Miliband has not done so himself, some MPs have called for a leadership contest, among them Fiona Mactaggart...