Word: commonnesses
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Financial panics--short-term, acute market upheavals that often coincide with long-term recessions--were common as the U.S. economy developed. There was the Panic of 1857 (prompted by railroad-bond defaults), the Panic of 1873 (sparked by a stock crash in Vienna) and the Panic of 1907, which started when shaky New York City banks quit lending. We learned a lot from those scares--the U.S. Federal Reserve was created in the wake of the 1907 Panic--and some believed we were too smart to panic again...
...FHLBB, requesting that the charges against Lincoln not be pursued, on the basis that the S&L was a major employer in their states. These Senators - McCain , John Glenn (D-OH), Alan Cranston (D-CA), Donald Riegle (D-MI) and Dennis DeConcini (D-AZ) - had little in common. Most of them came from different states and different parts of the political spectrum. One of the only elements that linked the men together was Charles Keating. The banker had been a major contributor to each of their campaigns, donating close to $1.4 million dollars total. Keating also considered John McCain...
Amestoy said he couldn’t predict how Souter—who is a former Lowell House resident and a long-standing member of the House’s Senior Common Room—would vote in the two cases...
...common in fashionable urban spots like Nehru Place to hear people airing concerns about the growing distance between India's very rich and very poor. But Iyer is doing something about it. He is one of over 55,000 volunteers from India's five biggest cities who have signed up for Teach India, an initiative backed by the Times of India and the UN Volunteers working to spread literacy, and more importantly, quality education. In the first leg of the program - the biggest of its kind in India and possibly the world - 3,000 volunteers have already started teaching...
...only been possible because we've been able to get the media, civil society and corporate sector together," says Adeline Aubry, a former UNV program officer under whom the initiative was launched. India has had a long tradition of volunteerism, she says, "but Teach India gives them a giant common platform for a common cause...