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At the height of the savings and loan crisis in the 1980s and 1990s, Congress and regulators adopted new rules known as "prompt corrective action" that required the government to quickly close weak financial institutions if they could not raise money to absorb mounting losses.
Nevertheless, it is curious that the IMF's current unpopularity in its Asian battlefields is based on accusations of the very faults it is supposed to rectify: bad policies and too much politics.In South Korea, where the IMF is contributing $21 billion of a $57 billion loan package to stabilise the currency and close weak banks, the fund may have misjudged the size of the help needed.
(Close): Weak data on retail sales, underlined by a poor earnings report from stores giant Macy's gave US investors little to cheer about on Thursday.
Howard Davidowitz, chairman of his retail consultancy and investment bank, thinks Saks ought to close weak stores and open more of its Off 5th discount outlets (it has 54 now).
Six items loaded on two components, and for 3 of these, the values on two components were very close (weak complex variables).
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In particular, agency executives admit, they failed to realise how hard it would be for governments to do the things they promised to do, such as closing weak banks.It is true that despite such political misjudgments, the investment-grade ratings on Asian governments' debt have still to be proven wrong.
Let and be two finite families of closed weak quasi-nonexpansive mappings from into itself with, where with for all and.
U.S. stocks closed weaker, with investors unimpressed by Intel and Yahoo!'s quarterly reports.
If, a Hilbert space, then is -uniformly convex (we can choose ) and uniformly smooth real Banach space and closed relatively weak quasi-nonexpansive map reduces to closed weak quasi-nonexpansive map.
At such close range, weak lensing could not affect the stars' images; any distortions must be due to optical and atmospheric effects.
Interestingly, the lining of nephridial podocytes is a morphological feature shared by Sipuncula and Terebelliformia that bolsters the close, albeit weak association between these two groups in the 81-taxon tree (Fig. 1) [ 42].
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com