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Left aside in the bonhomie was a proposal from Senator Elizabeth Warren, a Democrat from Massachusetts, that would have used the Federal Reserve's discount window lending as the benchmark for student loans while Congress worked on a "fair, long term solution".
Buffet believes that a social compact underpins this approach whereby private investors put up the enormous upfront capital needed to produce power generators and railroad projects in exchange for the government ensuring a fair long term return spread conservatively over decades.
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Seth Abraham, president of Madison Square Garden/Radio City Entertainment said in a statement, "We are delighted to have reached a fair, long-term agreement".
"Unless Feinberg changes his position on losses occurring further out than two years from now, I don't think he's going to offer a fair long-term settlement," says Overton, who also says he is unwilling to sign away the rights of his business to sue and leave money on the table.
The deal has been in the making for months, but Exxon Mobil, which is based in Irving, Tex., had warned that it could not complete major investments in Russia's Arctic without first receiving assurances of a fair, long-term taxation regime.
By British standards, the deadline was fair: long enough to make a few calls, agree a line.
Not so, says the company, which calls the asset sale a fair transaction long in the works to support fast-growing sales.
Headlines about Vanity Fair, long doom-saying, now marvel at its turnaround.
Patients who leave the hospital following cardiac arrest without severe neurological disabilities may expect fair long-term survival and a good quality of life.
We believe this is a fair assumption as long as strategic network investment plans are unknown for the regions that receive funding.
This concerns an agent's true belief that she holds the losing ticket for a fair lottery with long odds and a large cash prize, a belief that is based solely on the fact that she has reflected on the odds involved.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com