Over the last 24 hours, the hard core central bank critics got their wish.
They have a window of opportunity in the first months of 1999 to make the hard choices on bank recapitalization, a new central bank law, problem loans and forced consolidation.
Two Apache helicopter gunships roar through the valley, bank hard and circle back over the village, providing more cover for the Afghan and U.S. Special Forces now leapfrogging from one building to another.
WikiLeaks has yet to confirm that Bank of America is in fact the major U.S. bank that Assange referenced in my November interview with him, though he told IDG News in 2009 that he possessed a five gigabyte hard drive from Bank of America.
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In fact, it looks as if HSBC will have to work hard to find another bank to take its Bank of Shanghai shares.
MSBs, however, the scarcity of government bonds makes it hard for the central bank to engage in open-market bond dealings to control the money supply.
And with the bank working hard raise capital through the sale of any non-core or loss-making assets, it was only a matter of time before the insurance division was targeted.
Its borrowing binge in the past few years (India's overall fiscal deficit is approaching a tenth of GDP) has crowded out the private sector and made it hard for the central bank to cut interest rates.
Governments seeking relief found it hard to prove to the Bank and the Fund they deserve it.
For the obtuse and hard of hearing, the Bank of Japan has put its unorthodox agenda squarely in the open.
The investment bank has been hard-hit in the credit market meltdown.
Yet it is hard to blame the central bank's governor for the misuse of credits that were dished out in the heat of a bank run.
The pressure to tighten fiscal policy in some parts of the euro area will make it hard for the European Central Bank to even consider raising interest rates.
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Although half-year results, announced this week, showed a 70% jump in profits, the bank has a hard time making branches profitable in a country where its average employee earns SFr140, 000 a year.
While the bank is working hard to modify the legacy loans with existing customers to avoid such huge write-offs in the future, it is definitely an uphill battle making us more cautious on our estimates.
With many Russians also wary of hanging on to roubles until after the planned redenomination on January 1st, which will relaunch the currency at 6.1 to the dollar, the central bank will be hard-pressed to hold the line until then.
At least one big European bank in Moscow tries hard to send multinationals elsewhere.
The statement said the bank would take a hard line if any evidence of corruption arose.
But after the fuss France made to ensure he will succeed Wim Duisenberg at the European Central Bank, that is hard to imagine.
None of the new revelations go to any hard and fast conclusiuon that any bank official had more than hearsay rumors about Madoff.
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Bank profits have been hard-hit by subprime mortgage exposure.
But the government's critics argue that by starting to cut so early and so aggressively, while inflation is still almost three points above the target, the bank has damaged its hard-won credibility.
Whatever team she puts in place, Miss Megawati seems unlikely to press hard for asset sales from the bank-restructuring agency, for deep cuts in subsidies, or for reducing the government's influence over small business and agriculture.
He said the bank had decided in late 2007 to rein in lending, a policy that proved "a hard pill to swallow" for some executives at the bank.
Markets have gained ground in recent sessions on the view that the European Central Bank will step in with bond-buying purchases of hard-hit countries like Spain based on the outcome of the last central-bank meeting.
Once you've volunteered at a food bank, it's hard not to care about poverty and unemployment.
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This is the nub of Cypriots' hard feelings about this week's bank overhaul, whatever its other merits.
Bank shares that were hit hard yesterday were rebounding strongly in the pre-market.
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The bank has cause to feel hard done by with regard to Asia.
For the European banking system to recover, each bank needs to embrace five hard lessons gleaned from experience so far.
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