Word: betweens
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There's no quick or easy answer to that question. Violence will ebb over the winter, and perhaps a political accommodation between the government and main opposition party - or indeed with the Taliban - will help in Kabul. But as fighting starts to heat up again next spring, and the U.S...
So why are we nonetheless making a big deal out of the Fed chairman's words? Partly because he's powerful. Bernanke's opinions on the economy's future shape the U.S. government's decisions about interest rates, bailout efforts and the like. Right now the main monetary-policy debate...
In a rare move, a federal judge threw out a proposed $33 million settlement between the Securities and Exchange Commission and Bank of America stemming from the company's January takeover of Merrill Lynch. The SEC had sued the bank over $3.6 billion in undisclosed bonuses paid to Merrill staff...
Three main lessons present themselves. First, the lightly regulated global financial system that has evolved over the past three decades is dangerously fragile. Second, the U.S. government is capable of keeping a financial panic from snowballing into a complete economic disaster. Third, the government has not yet shown itself to...
Some entries explore the connections between two subjects, while others are works of art. The volume ends with a set of nine prints by artist Kara Walker, who is known for creating black cut-paper silhouettes, depicting the election of Barack Obama.