Word: transferal
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Dates: during 2000-2009
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This is the case because the investment banking division can use FDIC-insured funds from the retail-banking division to indirectly finance excessive risk-taking. The retail bank’s customers will not transfer their deposits to a safer institution because they know that the FDIC will compensate them in the event of a bank failure. This moral hazard encourages further mergers between retail and investment banks, which in turn begets more institutions that are “too big to fail.” When excess risk gets a conglomerate bank into trouble, the bill goes to?...
...Craig never got a chance to argue the case to the President. "It was a political decision, to put it bluntly," says an aide. The stumble had long-term consequences: later that month, Congress blocked the release of Guantánamo detainees in the U.S. and restricted their transfer there for trial. The White House realized it had to start over on a signature issue. (See pictures of prison life inside Baghdad's Camp Cropper...
...foreign policy speech at London's Guildhall on Monday, Prime Minister Gordon Brown groped for a way to meet that aspiration by offering to host a conference involving NATO and the Afghan government in January to set out an Afghan exit strategy. The conference "should identify a process for transferring district by district to full Afghan control and - if at all possible - set a timetable for transfer starting in 2010," he said. (See pictures of British soldiers in Afghanistan...
According to Schuster, 5 percent of Cambridge middle school students transfer schools...
Committee member Luc D. Schuster was not convinced that the transfer rate is problematic. “We need to consider the number of kids who are transferring more than once and the schools the kids are leaving from,” he said...