Word: turnings
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...FDIC also has a public-policy mission with IndyMac, which had made many risky mortgages. Many of those loans went to borrowers in California, where home prices have fallen sharply. The FDIC tried to show it could keep many of those borrowers in their homes and still turn the bank around. In all, IndyMac modified the loans of more than 10,000 of its borrowers in less than eight months, in many cases eliminating the chance that those borrowers would face foreclosure. (See pictures of Americans in their homes...
...firms which usually have capital and a need for workers find that labor costs are so low that the risks of bringing in a new person or people is extremely modest. And, of course, if the burden of employing new workers is too great or the company's prospects turn worse, the most recent people hired are often the first people fired...
...case, depending on how financial projections turn out, that they will be the only ones who can be there," he said...
...problem. The policy might be described as comprehensive diplomacy accompanied by lots of money. The diplomatic task is to nudge India and Pakistan, who nearly came to an agreement in their eternal Kashmir dispute in 2007, toward a lessening of tensions in the hope that the Pakistani army will turn to the struggle against al-Qaeda and the Taliban...
...groups, which include Oxfam, CARE International and the Dutch and French branches of Doctors Without Borders, have been told to turn over bank account information and lists of their assets. Vanessa van Schoor, Sudan operational manager for MSF Holland, said government agents had begun seizing computers and scanners at the group's offices...