Word: bankes
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Dates: during 2000-2009
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...third time's clearly the charm. In finally selecting the government's third nominee to run the central bank, Japan has acted in the nick of time. Amid a global economic crisis, the sigh of relief is almost audible in Tokyo following the decision of the world's second largest economy not to continue to lose face in the week leading up to Friday's Group of Seven finance ministers' meeting in Washington...
...Democratic Party of Japan (DPJ), the opposition party that controls the Upper House, finally approved Prime Minister Yasuo Fukuda's third choice - Masaaki Shirakawa - for governor of the Bank of Japan. Shirakawa, 58, became the deputy bank governor in mid-March and then took over as interim governor after former central bank governor Toshihiko Fukui retired from his five-year term on March 19. The DPJ refused the two previous nominees - Toshiro Muto and Koji Tanami - over concerns that their ties to the Finance Ministry might compromise the bank's independence. The lack of a permanent leader...
Bear Stearns, the storied investment bank that stunned Wall Street when it collapsed last month, is rescinding approximately half of its 2008 summer internship and job offers in response to its recent takeover by J.P. Morgan Chase. The rescinded offers mostly come from positions that have overlap with J.P. Morgan’s operations, such as the investment banking division. “In those divisions,” such as commodity and prime brokerage, “where there’s little or no overlap with J.P. Morgan, the offers will likely be honored...
...votes ahead of the April 22 primary, the question of how they will create new jobs, or bring back old ones, comes up at nearly every event. On the surface the two candidates appear to be offering very different remedies, but their actual plans are virtually identical: both candidates bank on adding millions of new jobs with the help of emerging green and renewable industries coupled with large investments in infrastructure. It's in the 10-second sound bites where the messages diverge - and what people remember...
...Clinton announced this week a $78.5 billion plan to shore up the nation's infrastructure, including a $10 billion emergency fund for high-risk bridges and other structures and a $60 billion National Infrastructure Bank that would finance large projects - all of which, she claims, would create three million jobs. Similarly, in the wake of the Minneapolis bridge collapse last summer, Obama announced a plan to spend $60 billion on fixing bridges, dams and highways, a move that he says would create two million jobs...