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Word: wipes (lookup in dictionary) (lookup stats)
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...regulators, irked by the huge losses rung up by AIG in CDS contracts, have talked about creating a central exchange, much like the New York Stock Exchange, where the bond insurance would trade. Some have proposed doing away with CDS all together. Those changes would significantly curtail, or wipe out, Cantor's profits in its CDS business. What's more, New York Attorney General Andrew Cuomo has subpoenaed Cantor and other traders of CDS contracts to see if the bond insurance was used to manipulate the market. Fears about changes in the CDS market have weighed on BGC's shares...

Author: /time Magazine | Title: Cantor Fitzgerald, Victim of 9/11, Thrives in Recession | 4/17/2009 | See Source »

...getting big help from Italian carmaker Fiat, which would contribute its own small-car designs and technology. Failure would saddle major banks with $7 billion in new losses, leave Chrysler's former owner, Daimler AG on the hook for more than $1 billion in additional pension costs and wipe out the health care for thousands of Chrysler retirees...

Author: /time Magazine | Title: The UAW and Chrysler: a Lose-Lose Situation | 4/17/2009 | See Source »

...level rise caused by the collapse of the massive ice sheets in Greenland and Antarctica. There is enough water locked on Greenland alone to raise global sea levels by 23 ft. (7 m) if it melted, which would swamp coastal cities like London and Shanghai and all but wipe away small island states like the Maldives and Tuvalu. We can likely adapt, expensively, to higher temperatures and changing precipitation patterns, but it's difficult to imagine how we could cope with the oceans literally erasing some of our most valuable real estate...

Author: /time Magazine | Title: Coral Fossils Reveal Sea Levels Rising Fast | 4/15/2009 | See Source »

...food. Eventually, the immune cells will virtually eliminate all of the body's beta cells, and glucose levels will start to climb. Researchers believe that the trigger for this attack lies somewhere within the immune cells, so one possible treatment for the disease may be to wipe out the entire existing immune system and replace it with a fresh one, derived from stem cells without this destructive trait. (See pictures from an X-Ray studio...

Author: /time Magazine | Title: Study: Stem Cells May Reverse Type 1 Diabetes | 4/14/2009 | See Source »

...those salty traces lacing your mouths. No, don't try to wipe them away now. The deed's been done—your immoral choices have had severe repercussions for the great national institution of Subway...

Author: By Esther I. Yi | Title: Sub-Par Criminal Activity | 3/29/2009 | See Source »

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