Word: problem
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...Another option could put more money into the firm from the TARP program. The problem with that plan is Citigroup may need more money than the Treasury could inject into the firm. Paulson only has $60 billion left of the initial $350 in TARP funds that he can spent without having to face a review from Congress. More importantly, the government does not want to end up owning Citigroup. Then taxpayers would be on the hook for all of the bank's debt. So the most the government could invest in Citigroup would be $20 billion, which is the amount...
...Again, the stock would probably rally. But the question is, for how long? And none of these moves address the problem that is really holding down Citi's shares. The bank has bad loans, and no one, probably not even the executives at Citi, know just how bad they...
...exude any intellectual acuity," he says. Scoggins says his support for Obama wasn't just out of a sense of racial pride. But he was moved by Obama's forceful speech last June on personal responsibility, particularly among black men. "In the black community," Scoggins says, "the biggest problem is the deterioration of the black family. McCain wasn't interested in that - and I don't think he could ever have been the person to articulate it." Scoggins has faced criticism in some conservative circles for supporting Obama. But, he says, "Sometimes you have to lose in order...
...dreamed of doing for a long time? Why haven't you done it?" she responds candidly: "There are so many things I'd like to do - travel, swim with sharks - but money always stands in the way. It's a fight for survival in London." And that's a problem not even a generous helping of philosophy can solve...
...passion for politics that the French lost in the 1990s and early 2000s, when ideology waned," says Perrineau. "Now larger-than-life personalities and clashing styles have fanned those political passions again - Sarkozy being the best example of that, but one now also creating anti-Sarkozy icons. The problem for the party is, it now has two anti-Sarkozy icons battling for the party leadership as anti-icons of each other. And the passions that it is creating will have to be reckoned with for a long time...