Word: chairman
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Dates: during 2000-2009
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...other side of the Atlantic, European Union governments have spurned entreaties to let funds flow into their staggering economies. "Europe has done what it needed to do," says Luxembourg Prime Minister Jean-Claude Juncker, who is also chairman of the 16-member euro zone, adding that the U.S.'s appeals "were not to our liking...
...FDIC can wind down banks in a more orderly fashion than occurred at Lehman. But FDIC chairwoman Sheila Bair and Fed Chairman Ben Bernanke have both said they don't have the authority to wind down global financial conglomerates like Citi. The upshot: "If you want to have no more Lehmans, then inevitably you wind up guaranteeing the banks' debts," said John Hempton, a money manager and former Australian treasury official whose Bronte Capital blog has become another crisis must-read. That is, an orderly reorganization of the financial system in which creditors make sacrifices would be great...
...count on a swift rebound once a recovery is in progress. Americans are starting to save more, and they may not return to their free-spending ways for years. "There is good reason to believe the capitulation of the American consumer has only just begun," said economist Stephen Roach, chairman of Morgan Stanley Asia. Ajay Chhibber, director of the Asia bureau at the United Nations Development Program in New York City, says the tigers can't expect to weather this recession by temporarily increasing government spending to boost growth until Western export markets recover. "The model where you stimulate...
Former House Speaker Gingrich is chairman of American Solutions for Winning the Future...
...politician himself, like so many other Japanese leaders (including that other maverick, Koizumi) he entered the Diet when he was just 27. Michael Green, chairman of Japan research at the Center for Strategic and International Studies in Washington, who knew Ozawa more than 20 years ago, remembers him back then as a traditional politician "focused on bringing home the bacon" to his constituency in Iwate prefecture in northeastern Honshu. His mentors include both Kakuei Tanaka, Prime Minister from 1972 to 1974, who treated Ozawa like a son and arranged his marriage, and Shin Kanemaru, who served as Deputy Prime Minister...