Word: brought
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Dates: during 2000-2009
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...assets, including loans, minus intangibles such as goodwill) by their tangible capital (the book value of capital minus intangibles). He got a ratio of 24.8. This is a worrying multiple: the leverage of U.S. banks in 1993, years before the start of the asset bubble whose excesses have now brought the world to its economic knees, was just 20. To bring leverage back to that pre-bubble level, Nomura estimates that U.S. banks need to either shed $2.8 trillion in tangible assets (by selling loan portfolios, subsidiaries and other holdings) or else raise $141 billion in new capital...
Last week, the White House declared that the economic stimulus plan has already created 150,000 jobs around the country. This week, the White House was looking to put some anecdotal meat on that figure. The Pace University event brought the Vice President together with a number of business owners and executives who said they had made hundreds of hires in the past few months that they probably would not have made if the stimulus plan had not passed. In fact, a number of executives said they had even been planning layoffs coming into the year, but were able...
...McLoughlin says that in the wake of the death of Peter Cai ’10 last October, Hammonds—who has a six-year-old son—“took to heart the tragic situation” and recurrently brought up her concerns about Cai’s death and the impact it had on his family and friends. But, McLoughlin says, it took that “tragic” event for her to realize that “House communities are so much closer than she knew...
...memorable part of a lecture class—in the absence of the experiential stories that reveal the humanity of the professor and the debates that recognize the students’—is the coffee, giant chocolate-chip cookies, and the inklings of doodles that the student brought with him or her into the lecture hall...
...sometimes difficult to discern the intellectual logic, rules, or sectional interests that brought about such decisions by the deans. In fact, deans do not have the statutory right to make such decisions, but they control the appointments procedure to a degree that faculty-members fear to oppose them. In department meetings, professors spend a lot of time guessing about how to satisfy the ego needs, idiosyncrasies, and disciplinary biases of the deans, who distribute the resources that make departments grow or wither. Lacking tenure, the career administrators themselves constantly trade rumors about who needs to be in the favor...