Word: 1980s
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Dates: during 2000-2009
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Another factor that helped make Canada the new gold standard in banking was Ottawa's decision in the late 1980s to allow commercials banks to acquire investment dealers on Toronto's Bay Street, the country's financial hub. As a result, these institutions are subject to the same strict rules as commercial banks, while U.S. investment dealers are subject to only light supervision from the Securities and Exchange Commission. Morgan Stanley and Goldman Sachs, of course, will now be under the U.S. Federal Reserve's supervision since they have been chartered as bank-holding companies...
...late-70s foray into that of the “singer-songwriter,” though to little success. The 80s brought a more experimental flavor to Kottke’s music, as he incorporated an even wider variety of sounds into his acoustic tableau. In the early 1980s, after sustaining chronic injuries to his hands due to an aggressive playing style and taking a brief hiatus, Kottke reinvented his technique and returned to the guitar. Since then, his two most high-profile recordings have been collaborations with Phish bassist Mike Gordon—2002?...
...result was a fertile cultural topsoil in which classical music could take hold and grow. When China began allowing students to go abroad in the 1980s, many swarmed to the music capitals of Europe and the U.S. to study in the classical tradition. Long himself left China in 1988 and spent five years at the Hochschule Academy in West Berlin, then several more years in Hong Kong as part of the small classical music community there. In 1990 and 1992 he visited Beijing and was given the opportunity to conduct the Central Philharmonic Government Orchestra - a party-run symphony with...
...fueled the exuberance. In cities like Tallinn, families borrowed to buy their own homes for the first time. Flashy cars bumped along cobblestone streets, while high-end restaurants catered to the new moneyed class, serving mojito cocktails and champagne for lunch. "It was like New York City in the 1980s," says Imre Kose, chef de cuisine at Vertigo, one of the city's trendiest restaurants. "Everything was on credit and everything was materialistic. It was amazing...
...moments in this campaign when Obama was forced to manage the issue of race deftly and explain the unexplainable to a largely white electorate. Consider the case of his former pastor, the Rev. Jeremiah Wright Jr. Obama joined Wright's Trinity United Church of Christ in Chicago in the 1980s, when Obama was an obscure community organizer. Trinity gave Obama an entrée to the city's thriving black middle class, and Obama came to view Wright in particular as a mentor. Yet earlier this year, Obama was compelled for political reasons to leave the church. The public criticism...