Exact(3)
In the end, 523 banks tapped the new program, borrowing 489.2 billion euros, well above the 300 billion euro estimate that market experts had been predicting.
Like every other firm, Goldman took advantage of that program, borrowing $28 billion (it has since reduced that amount to $21 billion).
Thus, despite the ECB's massive purchase program, borrowing rates in Portugal have continued to inch up as political risks have left investors fearing a potential downgrade (Figure 1). Figure 1 - While Eurozone sovereign borrowing costs (white) have steadily decreased over recent months, Portugal's (green) have risen as investors are unsure if ECB support will continue.
Similar(57)
The program borrowed heavily from addiction theory.
The program borrows liberally from New York City's NORC program, which has been running since the mid-1980's.
The program borrows from the largely successful Awakening groups that General Petraeus created in Iraq, though the two programs would not be identical.
The program borrows, in some respects, from the state's system of specialized courts that deal with domestic violence and low-level drug offenses.
A recent General Accounting Office study that I requested found that the direct loan program borrowed over $90 billion more from the United States Treasury than it repaid between 1995 and 2003.
Facebook's deals program borrows heavily from location-based social networks like Foursquare, Loopt and Gowalla, which have long been experimenting with similar ways to offer rewards and deals on cellphones.
Besides the desire to measure progress observed with psychopathological scales, the RECOS program borrows concepts of empathy, positive reinforcement and collaborative relationships from cognitive behavioral therapy.
The company also revealed its "Pay to Quit" program, borrowed from its own Zappos division, which will pay Amazon's warehouse workers up to $5,000 to quit their jobs.
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