Word: risks
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What's the problem? For starters, Levitt and Dubner begin their chapter on climate change by citing the concerns over the risk of global cooling, which were held briefly by some scientists in the early 1970s - that's a common trope for climate contrarians, who say that if concerns over cooling turned out to be false, maybe the same thing will come of the current worries over global warming. They go on to question the accuracy of today's climate models, and by extension, whether we should really be concerned about potentially catastrophic temperature increases over the coming century. They...
...worst is far from over. The FDIC says 416 banks are at risk of failure, up from 117 a year ago. Soured commercial real estate loans alone may generate a fresh $600 billion in losses by 2013. Veteran bank analyst Gerard Cassidy of RBC Capital Markets expects as many as 1,000 lenders to go bust in total...
Despite those numbers, the banking system is no longer at risk of collapse. Megabank JPMorgan Chase, for instance, announced on Oct. 14 it earned $3.6 billion in the third quarter. Most of the institutions in danger are small. But those failures are straining the FDIC, which underwrites the nation's saving and lending by insuring deposits. When a bank fails, the FDIC makes up the difference between what's left and what's owed depositors, up to $250,000 per person per bank. Two years ago, the FDIC had about $52 billion in its deposit-insurance fund. Today that fund...
Evolutionary biologists teach that tying a man linguistically to his wife and children increases the odds that he'll stick around to help raise them, so using Ms. with your birth name theoretically carries some risk. Over the years, surveys have found that such women were seen as less feminine, worse mothers, more dynamic, less attractive and better educated...
...Council, China's cabinet, said it would focus on achieving a balance between promoting growth, rebalancing the economy and "managing inflation expectations." Nomura economist Mingchun Sun argues that because the State Council's statement emphasized "expectations," rather than inflation itself, the government doesn't believe inflation is a major risk and will maintain a loose monetary policy in the near future...