Word: ben
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...largest government bailout in U.S. history was born before dawn on Sept. 17, when Federal Reserve Chairman Ben Bernanke woke up at 6 a.m., checked his BlackBerry and saw the very thing he had dreaded: the futures market in free fall. Bernanke, Treasury Secretary Henry Paulson and New York Fed president Timothy Geithner had spent the past year staving off one disaster after another, for the most part working behind the scenes. Earlier in the month, they had let investment bank Lehman Brothers slide into oblivion and then ushered another, Merrill Lynch, into the arms of Bank of America. Just...
...only a few days to deliver it. Treasury needed $700 billion to buy up Wall Street's toxic mortgage-backed assets, which the government would eventually repackage and sell when the real estate market recovers, and a crisis might be averted. The proposal was simple, only three pages long. "Ben, Tim and I had talked for months about how there might be a need to do something like this, discussed the various plans," Paulson told TIME on Sept. 24. "The one thing we knew was that we couldn't or shouldn't go to Congress until we absolutely needed...
What has been your favorite secret ingredient to work with on Iron Chef? Ben Doty, SYCAMORE...
...with the ABC Family phenomenon, here’s a short summary: high school freshman Amy Juergens becomes pregnant after a band camp fling with playboy drummer Ricky Underwood and has to deal with embarrassment at school, problems with friends and family, and a relationship with her new boyfriend Ben Boykewich. On top of all that, her dad and mom (played by former teen movie icon Molly Ringwald) are splitting up. Other characters include Adrian, Ricky’s skanky and surprisingly booksmart girlfriend; Henry and Alice, Ben’s best friends who continue to have sex so they...
...back as the penny-saving Ben Franklin and the conquistadores chasing their dreams of golden cities, this has been a country of mixed minds about how to get rich. We extol the conservative Warren Buffett model: selling 4 cent Cokes for a nickel and conscientiously saving the proceeds, investing in quality goods and well-run enterprises and shunning a penthouse on Central Park when a five-bedroom home in Omaha, Neb., will do. At the same time, we're always on the lookout for the next gold rush, the next Powerball, the next bubble. The fact that Wall Street banks...