Word: allowables
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...Central bankers in the 1930s and '40s were not important people. Government basically told them what to do. This whole mystique of, Just give it to this élite group of men to run the world economy - I don't think we're going to allow that to happen again for a while...
...Monday, but he won't be sworn in with the rest of the class. Given the tough standard the Dems are holding Burris to, they would have a hard time waving in Franken without an official stamp of approval, and Minnesota Governor Tim Pawlenty, a Republican, is inclined to allow Coleman the opportunity to exhaust all avenues of appeal. Even if the Democrats tried to swear Franken in - and party leaders like Reid and Charles Schumer have indicated that they would like to - Republicans like John Cornyn have already threatened to filibuster to prevent any such move...
...there could be a little Ponzi scheme in every hedge fund. It is inherent to the model of the modern hedge fund. The only way to avoid these schemes is to regularly liquidate all assets and allow all investors to decide what to do with their cash returns. In the past, this would have meant seemingly diminished returns. With returns seemingly high, investors did not complain about the status quo. Now, given that regular liquidation would mean more transparency and diminished losses, in recent days investors' opinions would likely differ...
...free throw with three seconds remaining to seal the win. UCSB’s late-game seven-point lead was the largest either team had enjoyed all evening. The matchup featured 18 lead changes and six ties. In the tightly contested matchup, last-minute defense made the difference. While allowing the Gauchos to shoot 47 percent from the field on the night—a clip that Harvard can’t expect to allow in a victory—the Crimson held UCSB scoreless in the final two minutes. “They got grizzled by our defense...
...ahead of the lead bulldozer. Although Hamas had hoped to draw Israeli forces into hand-to-hand combat in the narrow warrens of Gaza's densely populated cities and refugee camps, the Israelis appear instead to be heading for the high ground, looking to seize strategic hilltops that would allow them to better control those parts of Gaza in which Hamas fighters are mingling with the civilian population...