Word: systemã
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...wall of Cabot Dining Hall. The framed photo focuses on his gaping mouth, out of which rolls a thick red tongue pierced by a full-sized steel fork. A makeshift title cut from a newspaper—the superlative, “Most Likely to...SUBVERT THE SYSTEM??—accompanies the picture...
...surprisingly, current events are almost impossible to judge rationally from the headlines. Bill Isaac, former chairman of the Federal Deposit Insurance Corporation, recently described them as a “senseless destruction in the U.S. financial system?? and a well-known executive exclaimed on the pages of The Financial Times that “Greenspan’s sins return to haunt us.” Finger-pointing, whining and semi-fake expressions of compassion with homeowners are all mixed in print and the airwaves with serious analysis. A surefire recipe for confusion has thus emerged. Although many...
...former Chairman and CEO of NASD, which regulates the securities industry, Glauber said the bailout would “unfreeze the system?? by having the government buy the “toxic” securities, thus restoring liquidity to the market...
...became a Goldman partner in 1998, Paulson’s first year leading the firm. Paulson left Goldman in 2006 to become President Bush’s treasury secretary. Paulson’s bailout plan, which seeks to raise confidence in the ailing pillars of the U.S. financial system??would give the federal government authority to buy up to $700 billion of difficult-to-sell securities. The legislation gained key support over the weekend from lawmakers on both sides of the aisle and is now expected to be passed Monday by both houses of Congress. The plan follows...
...Perhaps, in order to test the tumultuous waters of the world, the average Harvard student just needs a little push. The financial system??s meltdown provides a rude, forceful shove. So maybe Carl was right: In some screwed up way, this is the best thing that can happen...