Word: deal
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...behalf of the Troubled Asset Relief Program Congressional Oversight Panel, which was composing a statement on regulatory reform. The panel’s report drew on Moss’ work to promote insuring and overseeing “systematically significant” financial institutions. Moss suggests that New Deal regulations were effective, but that their success created complacency. “Many took for granted the remarkable stability that had been achieved,” he said in an interview. “From there, it was easy to accept the philosophy that we didn’t need regulation...
...House life is crucial to the undergraduate experience.”Christakis, who said he was planning to rename a family rabbit “Pfunny” to reflect the House’s phonetically perplexing name, said it was a Sunday morning brunch that sealed the deal for the family.“As [Lysander] was pouring batter into the waffle maker, he saw the Veritas insignia,” Christakis said, speaking of his son. “And he was sold.”McCarthy said that he “thought the Christakis?...
...with time running out, the Obama Administration has decided to take the old-fashioned approach. Instead of creating a post with a big title and vague powers to deal with the problem, the elected President and his ample bureaucracy will decide what's next for the cash-strapped industry. (See pictures of the remains of Detroit...
...desperate move to deal with an intractable radical insurgency, the Pakistan government said it will impose a form of Islamic law in the Swat Valley, located in the northwestern corner of the country. As a result, Islamabad's faltering military campaign there has been put on hold, and the militants have agreed to a tentative cease-fire. But many observers fear that, far from calming the conflict, the government has capitulated to the Islamist guerrillas and set a worrying precedent - one that will surely displease the U.S. officials who want the Pakistani government to take a harder line against militants...
...however, a highly controversial and risky course. A previous peace deal failed within months - and gave the militants the space to regroup and sweep away earlier military gains. "It is an attempt on the part of the government to win over a section of religious extremists," says Hasan Askari-Rizvi, a military analyst. "The idea is that if they are pulled out of the struggle, they will cooperate with the government and help isolate the militants. It may have been a good idea if the Taliban were on the run, but they're well entrenched...