Word: wakes
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...made to shore up the nation's commercial paper markets. But small companies or those that are short on capital cannot access the commercial paper market, which is generally reserved for companies with good credit. What's more, while the Treasury is urging banks to boost lending in the wake of the government's $250 billion investment into these firms, industry observers are skeptical that it will actually happen. "The idea that more capital is going to influence how much banks lend is a misconception of how banking works," says John Simons of Corporate Fuel Partners, who has spent...
...from fears the world's banking and financial markets risked total collapse in the face of the toxic credit crisis, government rescue plans detailed this week in both the U.S. and Europe mostly allayed those concerns, sparking surges on Monday and Tuesday. Market plunges since then came in the wake of negative news indicating serious slowing of American economic activity...
What was your reaction when you saw people lining up outside IndyMac branches after you took over that bank in July? IndyMac was a real wake-up call for us. It saddened me. People were waiting hours and hours in line, and they didn't need to. They could write checks, use their ATM cards. We have done a lot of public education since then, and we have Suze Orman who has done some PSAs for us. I think we've got people calmed down...
...dangerous, he also affirms the Wilsonian ideals that inspired the President. Traub clearly believes that it is important for democracy to spread; it is a matter of methods rather than philosophy that places him against Bush. According to Traub, the strain that Bush was put under in the wake of 9/11 caused him to make foolhardy decisions despite his good intentions. Traub questions the theory that economic stability and prosperity are necessary for a successful democratic system. He discusses democracy in economically weak Mali at length. Although it has few valuable resources and a subsistence-farm-based economy, the people...
...wake of his shuddering poetic release, Frederick wandered hazily out of the museum. He nodded genially to every tourist he passed. They eyed him nervously. “I will find you,” Frederick whispered to himself. “Oh my Stable Boy, I am ready...