Word: withdrawals
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...political lame duck's views expressed in interviews and public comments reveal the sweeping reversals that have taken place among some of Israel's ultra-nationalists. Olmert says Israel should withdraw from "almost all" of the West Bank and Golan Heights. A former mayor of "the undivided capital of the Jewish state," he now advocates dividing Jerusalem with the Palestinians. He wants to keep some of the Jewish settlements that adjoin Israel's pre-1967 border but accepts giving the future Palestinian state Israeli territory in a land swap with a "close to 1-to-1-ratio." "The notion...
...parties are now asking you to withdraw the government's emergency powers...
...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...