Word: problem
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...financial community remains low. Describing a vicious cycle of risk aversion, former Fed chief and current Obama adviser Paul Volcker told Congress's joint economic committee on Thursday that "an insecure bank faced with what it sees as insecure borrowers is not a very eager lender. It's a problem of lack of good borrowers, confident borrowers, as well as weak banks and worried bankers." Testifying before the House Committee on Financial Services, James K. Galbraith, an economist at the University of Texas at Austin, was more blunt about the government's capital infusions: "Stuffing the banks with money will...
Once a quarter, the FDIC does something which seems to have little purpose. It releases its list of "problem" banks. These are institutions which face a high risk of failure because of their balance sheets and business prospects. The agency keeps a particularly watchful eye on them because it could be called on at any moment to take them over. The list for the final quarter of 2008 had 252 banks on it. This figure was up nearly 50% from the previous quarter, but given that some of the nation's largest banks seem to be on the brink...
...billion in insurance this year. On the back of an envelope that number would seem to indicate that the banking industry will not have such a bad year. The FDIC may not even have to go to the Treasury for the extra capital that might be needed as problem banks fail. No matter what the agency says about its list, the actual figure for problem banks is much too low. The FDIC can claim that it historically accurate measurements, but most financial history is useless at this point. Even well-known economists grasp for examples of periods that are comparable...
...about food” or “She’s disappeared,” or if you sensed a little something extra behind your friend’s I’m-too-fat joke, then this is for you, too.Disordered eating is a serious and rampant problem, far more common than full-fledged eating disorders and far less understood or diagnosed. It is an unhealthy relationship with food, often characterized by an obsession with nutrition, constant dieting and perpetual dissatisfaction with body image. You’ve seen or have been victim to its various incarnations?...
Will’s piece is beyond factual defense. The problem is not that he opposes policies to fight climate change. The problem is that, again and again, the piece makes factual statements that are plainly false. Will states that there was a “global cooling” consensus in the 1970s; there was not. Will asserts that there has been no global warming in the past 10 years, citing the World Meteorological Organization; the WMO actually says that the world has been warming since 1998. Will claims that the University of Illinois’s Arctic Climate...