Word: zero
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...interest rates to get credit flowing, sparking the economy. However, in the words of our president in an interview with ABC News, “…we are in not just an ordinary recession.” With the target for the Federal Funds rate against the zero lower bound, the limitations of the Federal Reserve are quite apparent. Since no one can trust a bank’s balance sheet, laced with so-called toxic assets, the economy continues to be threatened. Our legislators are left two main choices: Inject the banks with more capital and hope...
...largest banks at the cost of their shareholders, and eventually resold the healthy assets on the public market. Since the government held the reckless banks and their shareholders accountable, some officials say that, after the banks were reprivatized, the total cost of the bailout was close to zero...
...certain extent, the same is true with huge corporations. Companies such as Microsoft (MSFT) and Wells Fargo (WFC) go from making unimaginable sums to much smaller ones. Or, they simply lose money and the amount available for the taxman goes to zero...
...Anything can happen in the tournament,” tri-captain Sarah Vaillancourt said. “Everyone starts with zero wins, zero ties and zero losses...
...with the brutality of the al-Qaeda element that it rose up against the insurgency. Tribal sheiks who had once fought against U.S. forces began to work with the Marines in a tacit "the enemy of my enemy is my friend" alliance. "If the objective is zero violence in the nation of Iraq, it's impossible," Kelly said. "But if the objective is [to reduce] violence [to a level] manageable by the Iraqi police and the Iraqi army, we're all but there throughout most of the country...