Word: purviews
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...blame for the surge in margin debt? Aha. Some responsibility goes to Federal Reserve boss Alan Greenspan, who complained as far back as 1996 about the market's "irrational exuberance." Yet it is within his purview to raise margin requirements above the current 50%. However, that might tick off Wall Street, which earns more than 8% interest on margin loans. (Brokers are free to raise requirements on their own, and some have.) No Fed chairman since 1974 has moved to lift the limit. Individual investors--and not just day traders--also share part of the blame. Intoxicated...
...Starr. And with the Cold War over and the biggest threat to American freedom no longer Russian nukes but Russian rubles, it was Rubin who stepped into the Asian flames with the U.S.-led IMF at his side. Foreign policy (at least until recently) slipped from State's purview into Treasury's, and while Madeleine Albright stumbled around the Middle East and Iraq, Rubin grabbed the headlines in Asia, where the real action...
...vaguely analogous to the U.C. drafting a bill to make the Opportunes into a 40 person choir," he said. "Is this in the U.C.'s purview? I really don't think...
...vaguely analogous to the U.C. drafting a bill to make the Opportunes into a 40 person choir," he said. "Is this in the U.C.'s purview? I really don't think...
...discussions of the living wage issues, the committee will also consider other factors that traditionally are considered in determining wages: the local labor market; the kind of work being performed; working conditions; the existence of labor agreements to which a contractor has committed that are outside of Harvard's purview and that may well include benefits; and the University's obligation to exercise the fiscal prudence necessary to maintain high academic and research standards while holding tuition costs down...