Word: schemes
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...NAMA to return a profit on its initial expenditure. But predicting what's around the corner is never easy - as Ireland knows only too well. According to NAMA's draft business plan, a "prolonged property market depression" or "sluggish economic growth" could result in the failure of the scheme. Despite the risks, proponents say it's the only way to ensure that Ireland's banks start lending again. But for residents bearing the brunt of the country's economic slump, NAMA is little more than an inflated bailout for the gambling debts of developers and the banks that fueled their...
...Other economists aren't quite so convinced. Brian Lucey, a professor of finance at Trinity College Dublin, has been one of the most vocal critics of the scheme. "We end up with a situation where we bail out shareholders and bondholders first, then deal with taxpayers, rather than the other way round," he says. "The taxpayers are on the hook anyway. The question is, What do they...
...dioxide into the atmosphere. Scientists know that increasing SO2 in the air deflects sunlight, which cools down the earth; when Mount Pinatubo in the Philippines exploded in 1992, for instance, the SO2 sent into the atmosphere created a brief global cooling spell. Levitt and Dubner advocate pursuing this geoengineering scheme, which could potentially avert a hotter world for pennies on the dollar, compared with the long-term work of shifting to a low-carbon economy. (See pictures of the effects of global warming...
...didn't already feel like a financial ingenue in the wake of last year's Wall Street meltdown and Bernie Madoff's massive Ponzi scheme, maybe the government's latest insider-trading case will help put you over the top. Federal prosecutors have charged six people with conspiracy and securities fraud in a series of insider trades that allegedly netted more than $25 million in illegal profits. The defendants include higher-ups at two hedge funds as well as executives at Intel, IBM and the consulting firm McKinsey. Rajaratnam was arrested with the others on Oct. 16, but he promptly...
BlairFail: Falls for Vanessa's scheme, exposing her evil machinations to the entire freshman class and shocked parents. Oops...