One way to exploit that inertia for a better outcome is automatic enrollment, in which employers default all new workers into the retirement plan unless the workers refuse to participate, which they are free to do at any time.
But a unit of insurer XL Capital, which held some of ESP's junior notes, pointed to a different section of the contract, claiming that in the event of default all note holders would continue getting interest payments before dishing out any principal to BNP Paribas.
Now, the obvious concern here is that it would also be in the interest of all bankers to try to correlate the default probabilities of their credit instruments so that they all default together and thus trigger the guarantee.
If you are an employer, do your staff a favor and default them all into an automatic-escalation plan.
It has every incentive to keep the payments up, since failure would trigger a default on all its World Bank debt.
But even the elite AAA rating currently held by Uncle Sam does not imply a zero probability of default for all time.
This year, she says, Fidelity began offering companies the ability to extend auto-escalation as a default to all workers, not just new hires.
Long-term default is all-but-impossible, as those issuing loans for higher education have the right to garnish everything from tax refunds to Social Security checks in their quest to be paid back.
If economic growth does not return, deficit reduction proves too painful or interest rates are much higher than we assume, the debt ratio is likely to spiral upwards until default becomes all but inevitable.
We all default to one prevalent role, that of Victim, Rescuer, Persecutor (or a combination).
Having do not track as the default, a default that we all know most people will stick with, thus means that all of the complicated work that the advertising industry has done to increase the performance of internet advertising becomes, for those users at least, near irrelevant.
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Their assumption seems to be that a real default (and along with it a triggering of the credit default clauses in all those CDS contracts) would be a bad thing for the banks and thus a credible threat to get them to line up for the voluntary version.
SkyDrive is the default storage option for all documents, which allows easy synching across machines.
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But it's folly to think that some anointed class can ever be counted on to warn of all potential default dangers.
But that is all by default - the girls say they are here to be recognised for the quality of their music, not their background.
Really, part of the reason they are staying in is they're being bribed not to default because it has all these ramifications outside of Greece.
The bill, introduced by California Senate Majority Leader Ellen Corbett, would establish a default privacy setting for all Californians signing up for social networking sites.
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But countries default on their debts all the time (there have been over 800 instances over the centuries, several of them in the past decade).
In benchmarking that price point as the default value for nearly all books in the Kindle Store, Amazon was discounting to a loss, presumably to build adoption of the Kindle platform.
ENGADGET: Editorial: Bring on the digital overthrow of publishing
Earlier today, we wrote about a rumor that was kicking up on a few Android blogs that Bing would be the default search engine on ALL Android smartphones for Verizon in the future.
FORBES: Microsoft: No, Bing Is NOT Powering All Verizon Android Phones
It will be pre-installed as the default music player on all Windows 8 tablets and PCs and on Windows Phone 8 smartphones, and it will be part of the 2012 console update for Xbox 360.
The initiative Twitter began back in June to make t.co the default URL shortener for all its users will be completed by the end of this year, said the company in an email it sent out to its entire user base on Wednesday night.
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It should be noted that 49% of all reworked loans default again within twelve months.
Several towns have implemented a default 20 mph limit for all residential roads, including Portsmouth, Oxford and Warrington.
Rather than integrating navigation directly within the Find My iPhone app, Apple is letting its default iOS Maps app handle all direction duties.
Google CEO Larry Page goobristically aspires for Google to be the Internet world and default web foundation to which all other platforms must adapt.
The new securities would possess a unique combination of attributes, including inflation protection, freedom from default risk, freedom from all taxes, ultimate diversification, and upside potential based upon future improvements in economic policy.
FORBES: Before Going Over The Fiscal Cliff, Let The Markets Score The Competing Tax Plans
If McCourt were not to meet his player payroll for May, then MLB would have 48 hours to make the payment before the players union filed a default notice which would make all the unpaid players free agents in 10 days.
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