Word: chased
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Dates: during 2000-2009
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...urgency of the task at hand was underscored by the news Friday that yet another financial institution - Washington Mutual of Seattle - had been taken over by the government and had most of its assets sold off to JP Morgan Chase. Even Democrats were unsettled by the urgency with which they were being called upon to act in the face of what the Bush Administration was warning is an imminent threat. "It's not like our guys are saying, 'We really want to pass this bill.' We've seen this before," noted one Democratic Capitol Hill veteran, alluding...
...Hank” Paulson, proved unable to bring lasting calm to the market: Neither lower interest rates, nor greatly expanded liquidity helped thaw frozen credit markets. Even after brokered shotgun weddings like those of Merrill Lynch and Bank of America or Bear Stearns and JP Morgan Chase, what Professor Kenneth Rogoff once called the “flagship” American sector, the financial services industry, seems to have no bottom...
...quality of voter databases already varies widely among local party organizations, but now it's critical that candidates have a reliable way of eliminating the names of early voters from their target lists. (County clerk offices usually release those lists on a weekly basis.) "You don't want to chase people who have already voted," explains Nathan Chambers, chair of the Arapahoe County GOP. Early voting has also made exit polling in some areas decreasingly reliable as it fails to pick up large segments of the electorate...
...firm increasingly relied on investments in derivatives to produce profits, in essence creating a financial arms race with competitors like Goldman Sachs. Even though the Fed had set up a special borrowing program for Lehman and other investment banks after the forced sale of Bear Stearns to JPMorgan Chase in March, the market ultimately lost faith in Lehman. So out it went...
...will fall before they have to replace the borrowed shares. They have been disparaged as vultures, rumor mongers, cheats and criminals. But they have not, by and large, been wrong in their choice of targets. Bear and Lehman died because they were undercapitalized. Merrill's own mismanagement helped to chase it into the arms of B of A. Yet in the case of AIG, the argument is that the company would have remained afloat had its stock price not been driven down, which triggered a credit downgrading that then required AIG to raise $14 billion in capital overnight to meet...