"We have this nice reputation, and it's good to be thought to be a nice country and a compassionate country, but I think it's also good for people to go, 'Hey, these guys really compete".' Own the Podium is of course ripe for satire if the Canadians falter (Loan the Podium? Bemoan the Podium?).
JPMorgan, warning of difficult conditions this year and problems in home equity loans, offered a first-quarter earnings report that revealed relatively light exposure to the faltering subprime loans as it booked a write-down of $1.3 billion, which was smaller than the huge losses of peers like Citigroup.
If the authorities have to slam on the brakes, the property market will falter, jeopardising loans to developers and builders.
The ratings agency said that Co-Operative Bank's core Tier 1 ratio, a measure of a bank's ability to weather financial shocks, was significantly lower than its British competitors, and the bank also remained exposed to faltering real estate loans.
The contract was the culmination of Mr. Robert's own vision that the private sector could, and should, be involved in the recycling of the $18 billion in buildings and land taken over by the Resolution Trust Corporation, formed by the government to rescue the faltering savings and loans industry.
Thornburg Mortgage, a major originator of jumbo adjustable-rate loans, is faltering after missing margin calls on its mortgage securities holdings.
With plummeting share prices, faltering credit ratings and bad loans that keep piling up, Germany's banking system has come to symbolize the country's broader economic distress.
"This is good news," the spokesman, Kory Teneycke, said of the announcement from the Bush administration that Washington would provide $17.4 billion in emergency loans to the faltering carmakers, General Motors and Chrysler.
Despite government pressure, Kim refused to make any new loans to the faltering Hynix Semiconductor, the third-largest chipmaker in the world.
In 1996, Washington did what it could — including encouraging the I.M.F. to issue an emergency ten-billion-dollar loan to the faltering Russian government — to aid the reëlection of Russia's first post-Soviet President, Boris Yeltsin, in a contest he was in danger of losing to his Communist challenger.
