Word: collapseã
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Volcker also expressed fears about the government rescue of troubled banks. He argued in favor of a system in which the government could take over faltering institutions to prevent collapse??with the ultimate goal of dissolving such financial groups...
...summer and ultimately imploded that fall. On one mid-September Sunday evening, Mendillo went out to dinner with her husband to celebrate her fiftieth birthday, only to return home to multiple messages from her HMC team notifying her that they were formulating contingency plans for Lehman Brothers’ collapse??the largest bankruptcy in U.S. history and what many investors see as a seminal event in the financial crisis.Stephen Blyth, who had only been promoted to his post as head of internal management at HMC the week before, says that Oct. 2008 was the most volatile month...
...Ultimately it was Philip Hilder—the lawyer who had represented the Enron whistleblower Sherron Watkins in Congressional hearings following the company’s collapse??who secured the settlement from Harvard...
...thought that his election in America today was perilously impossible. To feel optimistic about political issues in far-off continents is quite another. As a supporter of Morgan Tsvangirai and Robert Mugabe’s power-sharing agreement in Zimbabwe—which is currently in a state of collapse??I now face the reality of this distinction. Yet the situation in Zimbabwe is so dire that it absolutely requires optimism, as irrational is it might currently seem...
...Laughter,” takes the shape of alternate rewritings of the past, chilling renderings of the present, and dystopian predictions of the future. The stories are strung together by the systems of thought and practice that Millhauser elaborates and explores to the point of either inevitable climax or collapse??and often both. Though Millhauser may expand the ideas behind his stories to points way beyond reality, his creations stand like fragmented prompts for the reader to consider rather than a set of answers neatly handed to her on a platter. Millhauser’s characters wade through...