Some Democrats complain that Mr. Silver is so concerned about increasing his majority in the Assembly that he sometimes undercuts the interests of his New York City colleagues.
Two funds recently warned mortgage companies that they might take action if the companies participated in government-backed plans to renegotiate delinquent loans in a way that undercut the funds' interests.
Michael Pravica, Henderson, Nevada Pressure on China Brahma Chellaney's article, "A smoking dragon in sheep's clothing" (Views, Jan . 14, highlights China's unfair economic practices, which have helped it prosper but undercut the interests of other countries, especially the poorer ones.
Against the backdrop of tightening financial market conditions, the deceleration in employment growth could further undercut the case for a Fed interest rate hike in March.
He will warn: "If we had a border running between Scotland and the rest of the UK, governments on both sides of it would be under intense pressure from powerful interests to undercut the other by lowering tax rates for the richest or worsen wages and conditions for everyone else".
Still, it is in everyone's interest not to undercut the competition.
Similarly, mutual banks set up to issue their own currencies would end the state monopoly and undercut the ability of banks and lenders to charge interest.
But in this case, the narrow interests of a company lawyer undercut the ethical obligations of Meet the Press to journalism and the city of Washington, D.C.
A few firms have pushed higher, to twenty-five and even to thirty-per-cent carried interest, but few have been willing to undercut the standard.
His aim is to undercut the "payday lender" industry that routinely and notoriously charges usurious interest rates to the working poor, and is now the subject of national scandal.
