The taxpayer would be made whole under this scenario -- but the news isn't necessarily all good, Mr. Sorkin writes.
What does the insurance term made whole mean?
Made whole essentially means being restored to the same financial position or situation person was in prior to some loss that is insured. For example, if a car having a value of say $1000 is in an accident and it will cost $2000 to fix it, the insurance campany can declare it a total loss and give you only the $1000 it was worth instead of the money you need to fix it or replace it. In the company's eyes you lost an asset that was worth $1000 and it is giving you $1000 so now you have been made whole. Except you still have no car and not enough money to replace the other one.
For almost half a century Valentino dominated Italian haute couture, dressing the world's wealthiest and most glamorous women. Only a few years after opening his fashion house in Rome in 1959, Valentino could already count Elizabeth Taylor, Jackie Kennedy, and Audrey Hepburn among his devotees. Despite his retirement in 2007 little has changed; his brand continues to thrive and prosper, and is worn by celebrities like Gwyneth Paltrow and Jennifer Lopez. Valentino has always designed magnificent gowns, never wavering from his signature style despite fads like grunge, deconstruction, and minimalism.
Cyberspies have penetrated the U.S. electrical grid and left behind software that could be used to disrupt the system.
Cisco File Raises Censorship Concerns
Cisco Systems, seeking to penetrate the Chinese market, prepared an internal marketing presentation in which it appeared to be willing to assist the Chinese Ministry of Public Security in its goal of "combating Falun Gong evil cult and other hostile elements," according to a translation of a docu... (By Glenn Kessler, The Washington Post)
It’s painful now to read a lecture that Mr. Summers gave in early 2000, as the economic crisis of the 1990s was winding down. Discussing the causes of that crisis, Mr. Summers pointed to things that the crisis countries lacked — and that, by implication, the United States had. These things included “well-capitalized and supervised banks” and reliable, transparent corporate accounting. Oh well.
well (EXCLAMATION)
exclamationused to introduce something you are going to say, often to show surprise, doubt, slight disagreement or annoyance, or to continue a story:
Well, what shall we do now?
Well now/then, how are we going to arrange things?"Who was that?"
"Well, I'm afraid I can't remember her name."
"He's decided to give up his job and move to the north with her."
"Well, well - that's what love does for you.
"Well, really, how thoughtless of him!
Well? What did you do next?Well, after that we went camping in the mountains.
Well/Oh well, it doesn't matter - I can always buy another one.
Very well, if you insist I'll meet him next week.
penetrate (MOVE)
verb 1 [I or T] to move into or through something:
Amazingly, the bullet did not penetrate his brain.
In a normal winter, the frost penetrates deeply enough to kill off insect eggs in the soil.
The organization had been penetrated by a spy.
The company has been successful in penetrating overseas markets this year.
2 [T] If your eyes penetrate dark surroundings, you manage to see through them:
Our eyes couldn't penetrate the dark/the gloom of the inner cave.
penetration
noun [U]1 a movement into or through something or someone:
Sunscreens can help reduce the penetration of ultraviolet rays into the skin.
The company is trying to increase its penetration of the market.
2 the act of a man putting his penis into his sexual partner's vagina or anus during sexual activity
penetrative
adjectivea
penetrative attack
penetrative sex
grungeMeaning #1: the state of being covered with unclean things
Synonyms: dirt, filth, grime, soil, stain, grease
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