Word: avoid
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Dates: during 2000-2009
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...question, one of the most dramatic episodes in American financial history. A famously scrappy Wall Street investment bank, Bear Stearns, went from seemingly healthy to dead meat in about five days. Federal Reserve Chairman Ben Bernanke, desperate to avoid a sudden collapse that might cause a full-fledged market panic, invoked a little-known 1930s legal provision to engineer a Sunday fire sale of Bear Stearns to banking giant JPMorgan Chase for a mere $2 a share. (Bear's stock price was $57 a week before, $171.51 in early...
Bernanke, himself an authority on the Depression, has been pushing ever more creative and aggressive means to avoid this, mostly by lending cash or Treasuries in exchange for mortgage securities. The Fed persuaded JPMorgan Chase to buy Bear Stearns in part by agreeing to lend $30 billion against hard-to-sell mortgage securities on Bear's books...
...effects of the weakening American dollar or the Japanese yen? Jeffrey Spivock, MontrealNo, because the luxury market at this moment doesn't feel the recession. Hopefully we will not. But we are very aware of what's going on in the world, and we're taking steps to avoid [being affected...
...already blinded and otherwise handicapped Sébire, and left her wracked with pain for hours on end despite medication to allay her suffering. Sebire explained her request for medically assisted suicide saying she wanted to leave the world following an evening of celebration with her three children - and avoid the prolonged coma she'd most likely fall into, which would make her a burden to her family...
...Ingenuity is a necessity for Heathrow's homeless to avoid detection by police. "I thought about disguising myself as a passenger, but I have a bit of what you might call 'a luggage issue,' 65-year-old Joseph explains from a bench in the airport's remote bus terminal, pointing at a shopping trolley of bulging plastic bags. "They are hardly Louis Vuitton...