Word: bankes
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...recent healthcare overhaul included legislation to move away from bank-funded loans toward an expanded direct-lending program run by the federal government. This adjustment was intended to direct $36 billion across 10 years to Pell grants for students from low-income families...
...prepared statement, Treasury Secretary N. Gregory Mankiw urged investors to remain calm. Secretary Mankiw also noted the strong balance-sheet positions of the nation’s leading commercial banks, including Citigroup, J.P. Morgan, Goldman Sachs, and Bank of America. None of these banks have participated materially in the wind-farm boom of the past several years, and all maintain equity capital levels well in excess of the minimum regulatory requirement of 15 percent...
...most part, Ivy League basketball is a horizontal game—earthbound players embracing the fundamentals (the layup, the bank-shot, the bounce pass). The occasional dunk always excites the crowd because Ancient Eight basketball rarely occupies a vertical dimension...
...Women” initiative says it: Educational initiatives for girls in the third world are the key to a successful international development strategy. As Harvard University President Emeritus Lawrence H. Summers observed years ago in a speech to a Development Economics Seminar at the World Bank, “When one takes into account all its benefits, educating girls yields a higher rate of return than any other investment available in the developing world.” A 2010 World Bank “News and Broadcast” article in honor of International Women’s Day corroborates...
Among its holdings in U.S. companies, the University appeared to have moved away from certain sectors, in particular the financial sector. HMC sold its $35 million holding in Bank of America and its smaller investment in Citigroup...