Word: bearings
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Dates: during 2000-2009
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...distinctly patriarchal feel of the Masters. The tournament's defining image of the 1980s was Jack Nicklaus' victory in 1986, when he took the unusual step of choosing his son to carry his bag, rather than a professional caddy. An indelible memory of Woods' victory in 1997 was the bear hug he gave his waiting father behind the 18th green. And, of course, at the award ceremony, the winner is not given a trophy but instead is presented with a green jacket by the previous year's champion - more a rite of initiation than an accolade. (Even at Augusta, however...
Until 1999, Augusta, which hosts the Masters tournament each year over the second weekend of April, had no rough at all. Indeed, when its tournament committee finally introduced a light rough around some of its fairways, they couldn't bear to call it by its name, instead christening it "the second cut" of the fairway. Their squeamishness gives some indication of how ardently Augusta honors its idiosyncratic traditions. Most infamously, the club, which was founded by the legendary golfer Bobby Jones in 1933, didn't admit a black member until 1990, and for decades all of the caddies that...
...Street's complex financial tools for issuing credit and raising capital. His proposals had strong backing in the Democratic caucus, according to Brendan Daly, spokesman for House Speaker Nancy Pelosi. What's more, in what Democrats say is a sign of the changing environment in the wake of the Bear Stearns collapse, the Senate this week will take up a new housing bill that was previously blocked by Republicans. Treasury's move, say the Democrats, was driven by the new momentum for regulation instigated by Frank and other Democrats. "Any fair reading of the situation would have to conclude that...
...actually an adapted version of Treasury Secretary Paulson's year-long effort to recast and consolidate American financial regulation to keep it competitive with foreign markets. It codifies the ad hoc powers of market stabilization the Federal Reserve has used to calm the waters since the collapse of Bear Stearns in March. It establishes an authority with control over financial institutions' behavior but leaves open just how much power it would have to enforce standards. It would split the SEC's regulatory power between that new group and another authority focused on non-finance corporations that would have...
...they carry him off - we will believe and have faith that Matt is alive," Keith told TIME on the first anniversary of his son's abduction. "I'm almost certain that it's a test from God and that God is not going give you more than you can bear...