Word: benefited
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Dates: during 2000-2009
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...testifying on Thursday in front of an oversight panel reviewing the government's financial rescue efforts, faced a raft of questions about the effectiveness and the use of those funds. Elizabeth Warren, a Harvard professor and chairperson of the panel, said the average American has seen little or no benefit from the TARP spending. Damon Silvers, associate counsel for the AFL-CIO union, questioned whether TARP had really restored some of its biggest recipients, namely Bank of America, Citigroup and Wells Fargo, to health...
...There was always a hold-your-nose-and-do-it aspect to the TARP because the bankers who caused the crisis were going to benefit," says John Irons, the research and policy director at the Economic Policy Institute. "I think that's where all the criticism comes from. But it seems to be the case that the program, while not a raging success, worked well enough to stop the worst from happening...
...have to continually insist that there is a - there is a special benefit to society in the hands-on, face-to-face service of working at a soup kitchen or mentoring a child or visiting seniors in a nursing home that is irreplaceable. It not only is good for the person getting the service; it's good for the person who's giving the service. And there's nothing new about that. That's - that is something elemental about the human spirit is that...
...addressing gift-giving. In the past, it was relatively easy for people expecting to be named as agents to slip into the POA a self-serving gift-giving provision. Because these write-ins would often be overlooked by the principal, it was possible for agents to write checks to benefit themselves and clean out a principal's bank account. Now such doings will be harder to get away with. If the principal wants to grant the agent the specific power to make gifts, the principal must initial a box on the POA authorization form, and then describe the types...
...rejection of the suggested job cuts by British politicians displays how a socialized medicine system can be shielded from market forces and that provision of care need not be sacrificed for a healthier bottom line. In the past, politicians have readily implemented efficiency measures that benefit patients - reducing the length of stay in hospitals, for example, and introducing automated drug distribution - while refusing to push through those that may curtail care. There will be many aspects of McKinsey's confidential report not pertaining to job cuts that the NHS will most likely adopt, says John Appleby, chief economist...