Stephen Greene
Stephen Greene
absence agencies assumption charged domestic effective emergency handled handling initial katrina phase prompt various
It had been our assumption that in a domestic emergency, the emergency phase would be effectively handled by the various agencies charged with handling domestic emergencies. Katrina has shaken those assumptions for us, and we've responded accordingly in the absence of a prompt and effective initial response.
convenient create friction might percent scare ten trade
One could say that 9.9 percent is a very convenient number; it's not 10 percent. Ten percent might scare people, and might create more trade friction with the U.S..
banking regulate sector
Regulators can't regulate the banking sector by themselves, ... They need the market.
breaks expecting given people slow
I don't think this out of control. I would say, given that most people are expecting a slow down in the U.S. this year, they probably wouldn't want to put the breaks down too hard.
washington
For sure, Washington is going to be rowdier.
bank central expect government raise rate rising serious shows
We really didn't expect the central bank to raise the rate so quickly. It shows the central government is serious about curbing rising investment.