Exact(2)
Syncora says the city already pledged the money to it as collateral on a complex borrowing package that Syncora insured.
It takes three-fifths of each house to approve borrowing, and while the Democrats had that wide a majority in both houses last session, Republicans now control more than 40percentt of the Senate, allowing them to block a borrowing package if they hold the line.
Similar(57)
Part of Detroit's troubles stem from the complex borrowing packages it is struggling to exit.
Colleges make it simple for students to borrow by packaging several different types of federal loans in a single financial aid letter.
Borrowing from birth control packaging, the P&G group created an Align blister pack with days of the week on it to remind consumers to take the pill every day.
At 16 his script and plans for "Trouble" were recognized by Panavision's highly selective New Filmmaker Program, which lets novice directors borrow a camera package.
Cultural traits may be transmitted, via common (cultural) ancestry, copying or borrowing, in "packages".
Mr. Manuel and others said that as Western and Asian governments start borrowing heavily to spend for stimulus packages, they should allocate a portion to poorer countries.
But about 28percentt, almost three out of 10 students, reported borrowing the maximum amount available in their package.
And just as Western governments are borrowing to fund bail-outs and stimulus packages, so many surplus countries are tapping their reserves of extra cash.
A one-off £2.7bn package for 08-09, financentirelyely by borrowing at a time of economic austerity, is a big government gamble, fiscally and politically.
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Justyna Jupowicz-Kozak
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