That could enable it to obtain some sort of credit facility or additional capital.

FORBES: AIG Fights For Survival

The point is that Italy's bond yield - the implicit interest rate it pays - is unlikely to fall decisively below the catastrophically unaffordable 7% unless and until the eurozone demonstrates that there is a bailout facility (of some sort) that has sufficient resources to lend to Italy if investors refuse to do so.

BBC: France squeezed by markets

"We know already ... that most of the major terrorist organizations have their own Web sites, and therefore have the facility to carry out the same sort of action that we've seen carried out over the last week, " Kendall said, referring to the I Love You virus.

CNN: Security experts say hackers have the edge

Mr. HOBSON: The facility was developed, is developed, and exists sort of on the periphery of downtown Seattle.

NPR: Homeless Alcoholics in Seattle Find a Home

So, anyway, does he understand at all the concerns that some Americans have about whether or not this puts Illinois in any sort of jeopardy security-wise, one hundred or so detainees coming to one facility?

WHITEHOUSE: Press Briefing

Still, it would be foolish to ignore the possibility that the repercussions of the present crisis will be made much more far-reaching if it precipitates the sort of panic that took hold after the accident at the Three Mile Island nuclear facility in 1979 or the oil leak off Santa Barbara a decade earlier.

CENTERFORSECURITYPOLICY: The oil leak's silver lining?

By ditching its longstanding rule about lending only to commercial banks and extending this facility to investment banks, the Fed is in effect admitting that it faces a different sort of financial system one in which dealers pose as much of a threat to stability as lenders.

ECONOMIST: JPMorgan Chase takes over