Word: withdrawals
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Dates: during 2000-2009
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...money fund marked its net asset value below $1 - sacrilege for an investment meant to be the same as cash. After the Reserve Primary Fund "broke the buck" because of debt it held that was issued by the now-bust investment bank Lehman Brothers, institutional investors scrambled to withdraw their money. Sept. 18 brought additional worries: Putnam Investments said it would be shutting down one of its money market funds, and the ratings agency Moody's warned it might downgrade 13 of Lehman's funds. (Lehman's asset management subsidiary was not part of the bankruptcy; it continues to operate...
...line outside the offices of U.S. insurance giant AIG's Singapore subsidiary, AIA, during the afternoon of Sept. 17. Aee had been standing in the searing sunshine for three hours, but he wasn't giving up. He and his fellow petitioners were desperate to cancel their insurance policies and withdraw investments, just in case AIG went belly up, leaving assets held by AIA in limbo. Aee was well aware that the U.S. Federal Reserve had extended an $85 billion lifeline to AIG several hours before. But the news did little to calm his nerves. "I never thought this would happen...
...Kadima leader fails to form a viable coalition, Olmert will run a caretaker government until a general election is held, most likely in January. In recent days, Olmert has stunned Israelis by speaking forcefully about the urgent need to withdraw Jewish settlements from the Palestinian territories. Political advisers say he may try to demolish a few outposts as a way to speed along the peace process before he departs in disgrace...
...Thus far, the Pentagon has authorized only a modest withdrawal, planning to bring home 8,000 troops by February, leaving behind some 138,000. Further troop withdrawals will be influenced by events on the ground, and also by the outcome of the U.S. presidential elections. Iraqi officials want all U.S. troops out by 2011. Republican presidential candidate John McCain has refused to set a timetable, while his Democratic opponent, Barack Obama, has pledged to withdraw all U.S. combat troops within 16 months of taking office...
...gringos for the civil unrest may seem a reach, but Morales knows where his people's hearts lie. In 2002, when the former coca farmer first ran for President, the U.S. Ambassador to Bolivia at the time, Manuel Rocha, made an off-the-cuff threat that Washington would withdraw millions of aid dollars should Morales win. Morales was an underdog at the time, but the threat drove his numbers through the roof - such is the anti-Yanqui sentiment in Bolivia. Indeed, some observers say it was Rocha's slip-up that forced a run-off between Morales and the eventual...