Wait. He said he would wait. If you were on the Federal Reserve its a very close call. If you were on the Federal Reserve financial policy committee, would you be concerned there are beginning of signs that this very easy money, lots of low rates is causing excess . Yes. I think i would point to the leverage lending market, for example, where the terms on a lot of loans have become socalled covenant lights so a lot of the terms have gotten much easier. Banks putting fewer and fewer strings. Right. Its not just the banks. Those loans tend to be securitized. The banks originate them and some are in the market. Junk bond market. And there are other signs. I do think i would be somewhat concerned. I think the Federal Reserve has reacted in an entirely appropriate and proportionate way. Among the things theyve done is they have put out guidance on leveraged loans and said we are worried about whats happening here to the banks. You guys need to be more careful with what you put on your Balan
Assets. But there are also quite a few with little more, a little more than a charitable arm of a small family enterprise, and their assets number in the thousands rather than the billions. Think about the constellation, 81,777, small ones, large ones. There are also then a handful of older foundations led by carnegie that have been dispensing grants and forwarding agendas for more than a century, all the emerge in the last decade with articulated vision about purpose, intent, scope. If carnegie symbolized the perpetuity foundation whose boards, missions and goals changed over decades, but whose work endured generation after generation after generation, among the more subtle changes that have really given birth in the last two years is the creation of a number of sunset foundations. These sunset foundations symbolized by gates or atlantic philanthropies which is about to cease operations in a few months, they are designed to close before the death of a benefactor, or in a specified num
Available to them. If they had preexisting conditions, even the substandard plan that was offered on the individual market often did not provide any option for them. They did not even have the opportunity to complain or face the challenges that now some of them are facing. But the fact that they are trying to access an option of Affordable Care and, yes encountering some difficulties and having to push through those, etc. , even that is progress because before, they did not even have that. It is important for us to keep that in perspective. That is why i think you said earlier i heard someone say maybe it was chairman waxman that one of the common emotional responses for people when they actually can enroll is that they break down in tears. Because their years of pentup frustration at not being able to access Affordable Care. We know that in the individual market, which is the market that the new marketplaces are addressing, a large number of National Studies show that it could be as m
Russian supply . Uest they are the big player they supply in europe and there are small quantities that should be going east to china and that is actually something under discussion this week, and then next month Vladimir Putin will go to china. They are one of the major gas suppliers. Years, youvecent all probably heard about the natural gas boom in the u. S. In the u. S. Is now producing as much gas as russia. That is true, but it is also pretty much all for domestic consumption. The u. S. May start exporting gas to other markets in a few years time, other than mexico and some transfers to canada, a few out of alaska, it is not a big exporter at this point. Share of russias natural gas exports by destination, this is for 2012. Guest germany is the big single buyer. The smaller European Countries are quite vulnerable as well. Dependentem are 100 on russian gas. You look at the case of the baltic states, belarus. Ukraine depends on it. And the further west you get, the u. K. , spain, f
Only six feet high with wire at the top didnt stop the teenager from santa clara the airport maintains it he meets or exceeds safety standards. Our fencing is one component. As is thousands that are trained to be alerted to securityrelated situations you can spot cameras here and there. Then, who is watching the video . The airport says its it has video of a person approaching at near darkness. Its my understanding the reviewed footage after being alerted to the situation. That is hours later the teenager was decision covered in maui. There is a administrator saying inspectors determine whether operators are complying with aspects of regulations they test for compliance regarding integrity requirements. However, skeptics wonder if the fence is a deterrent. Pretty easy. Just throw a jacket owe and jump over. Easy. One lawmaker is calling for better security tonight. The congressman said today i have long been concerned about security at airports, still, the teen demonstrates vulnerabili