Word: allowable
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Dates: during 2000-2009
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Directly investing in the banks allows Paulson to get the money to where it is needed the fastest, which would then allow well-capitalized banks to loosen the strings of lending. Nationalization? Not quite. Under such a plan, the U.S. would become a shareholder in banks, taking stock in exchange for the capital injection. The government would essentially become a passive investor. It wouldn't take any board seats, and it wouldn't actively seek to influence how the banks were being run. It doesn't have to; Treasury has regulatory control over the banking system anyway. Harvey has proposed...
...sacks may be harder to come by against a Cornell attack that has yet to allow one despite attempting nearly 40 passes per game...
...financial aid options that sometimes make elite private colleges even cheaper than state schools. Ditto for Hamilton College in Clinton, N.Y., where a $700 million endowment and a budget designed ahead of time to accommodate a growing number of college students (this year marks the demographic peak) will allow the university to maintain its full financial aid program...
...excuse?As a psychologist, my tendency is to be empathic. I'm used to making connections with people. That might be one way in which a biography by a psychologist might be a little different, because we don't feel that we're giving away the store if we allow ourselves to connect to a person we're trying to understand...
...There's a reason for the officers' light touch. For years, British policing has been restrained by the 1981 abolition of the "Sus Law" that had allowed police to stop and search citizens simply on suspicion of criminal intent. "Sus" sparked riots in several British cities, amid charges that it sanctioned racist harassment of young black men. But a surge of youth violence - violent offenses by perpetrators aged under 18 rose 37% in three years to 2006 - has prompted the government to once again beef up the discretionary powers of cops on the street. "Dispersal orders," for example, allow officers...