Word: angina
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...President's National Economic Council, has become a restrained public man. Gone are the days when he would glibly compare flailing financial markets to jet crashes, as he did to TIME in 1999. He is mindful of how ill-considered asides by policymakers can cause financial-market angina. So you can probably imagine the ripple that ran through the Peterson Institute for International Economics in Washington in July when Summers looked up from his prepared speech, flashed a grin and loosed the sort of utterance that once upon a time marked imminent indiscretion. "There was," he told the room...
...Wall Street Journal suggests that B of A may hold a special place in the government's heart because it bought Countrywide and Merrill Lynch at times when a public bailout of those companies could have caused the credit system angina. With Congress and watchdog agencies watching how the Treasury and Fed are using their thinning cash reserves, B of A will not be getting any sympathy or special dispensations from regulators...
...rate policy), had quietly been raising red flags among his colleagues. Earlier that month, the European Central Bank had startled traders by pumping close to 100 billion euros into the short-term-credit markets - an unexpectedly massive intervention. It was as if the global financial system had had an angina attack, a brief, unexpectedly painful episode that signaled what a few senior Fed officials were beginning to fear: a full-blown economic heart attack might well be coming. During the Jackson Hole meetings, Geithner pressed the view that Fed policy was behind the curve; the problem in the credit markets...
...adults participating in the U.S. National Health and Nutrition Examination Survey. Participants were initially examined in the early 1970s and had no prior history of cardiovascular disease; they were tracked for 21 years, during which time 1,529 of the participants suffered cardiovascular events (such as heart attacks, stroke, angina or heart failure), including 578 deaths due to heart disease...
...Reagan Administration, and the bipartisan Capitol Steps was born. Since 1984, when Strauss took the troupe professional, it has become a $3 million-a-year business, recording 29 albums and touring widely. Among its repertoire: My Momma Told Me: You Better Sleep Around (inspired by Monica Lewinsky); The Angina Monologues (Dick Cheney) and The Sound of Music-inspired How Do You Solve a Problem Like Scalia? Strauss was 60 and had pancreatic cancer...