Word: optional
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Dates: during 2000-2009
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...reorganization option faded after William O. Douglas (then SEC chairman, later a Supreme Court Justice) persuaded Congress in 1938 to approve more punitive bankruptcy laws, but it was resurrected by Congress in 1978 as Chapter 11 of the bankruptcy code. Since then Chapter 11 has been used to reorganize airlines, steelmakers and countless other companies in trouble...
...winner of that contest remains to be seen, but what's clear now is that the U.S. finally has a President who understands the fierce urgency of climate change. "Delay is no longer an option," Obama said. "Denial is no longer an acceptable response. The stakes are too high. The consequences, too serious...
It’s 11:00 on a Friday night. At the party mecca known as Harvard University, where will you be spending your evening? If you’re a typical Harvard undergrad, there are three options: room parties, final clubs, and house parties. The first two are generally exclusive, requiring either an invite or a horde of scantily-clad freshman girls to gain entrance. You can always get into option three—House parties—provided you pay a fee. And who wouldn’t want to get down with a sweaty mass of questionable...
...trip over your Converse sneakers onto the dance floor? That’s right: the house party. Some people think that once you leave your dorm in Harvard Yard, you’re too old or sophisticated to go to house parties. Maybe they think the cooler option is going to a final club party. Let me enlighten you on something: they are wrong (and probably closet house partiers anyway). Why make the drunken mistakes of your first week of freshman year just once? I know that doubling the maximum capacity of a triple in Winthrop and running...
...private and public sectors and there are other proposed solutions, like increased tolling, congestion pricing, encouraging reduction of demand, or a national infrastructure fund to be bankrolled by ending the Iraq War (the favored plan of Obama)—it has already proven to be a useful option in solving a giant problem that receives an absurdly low degree of attention commensurate with how many people are affected every day. Although both presidential nominees made reference to the infrastructure crisis in speeches, neither did so in a substantive and extensive way, instead resigning this issue to platitude-filled policy...