Word: dealing
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Dates: during 1990-1999
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...substantive, moral questions that a deliberative democracy, as Thompson and Gutmann argue, should. We should wonder whether public hearings might not better suit a tenure debate than backroom politicking. Though the case is far from resolved, and we don't know whether there was a liberal-conservative deal at the departmental level, and we don't know whether there was behind-the-scenes manipulation of the ad hoc committee or the President, and we don't know whether Berkowitz was himself critiqued in the secret letters to the President--fairly or unfairly, as a Straussian, or simply as a theorist...
...elected President Kim. Clinton told Kim that he had a brief window of opportunity with no room for false steps. Just to be sure, one participant in the dinner, Treasury official David Lipton, was dispatched to Seoul two days later to measure Kim's intentions and help negotiate a deal. "To allow the situation to spiral out of control," Summers said later, "wouldn't be responsible...
...finish the aid package. The IMF would lend Seoul $2 billion, while the U.S., Japan, Germany and other nations kicked in an additional $8 billion in loans. In exchange, the Koreans would pass new laws opening their financial markets to foreigners, close insolvent banks and supervise others. As the deal came together, Treasury officials discussed the impact of a bailout on the Korean and American labor unions, fearing some of Labor's backers in the Democratic Party would balk at bailing out either Wall Street or the protectionist Korean workers. But the officials decided that it would...
...hand by delaying Korea's loan repayments. Three days later in Manhattan, New York Federal Reserve Bank Chairman William McDonough met with six large banks to urge them to roll over loans to Seoul. McDonough also asked the bankers to delay the "margin calls" on currency swaps and derivative deals, which might help unravel the deal. The bankers didn't have much choice: it was go along or go without. Similar meetings took place in Frankfurt, London, Paris and Tokyo. The holiday complicated matters: as Christmas approached, Rubin and Summers spent some time tracking down the nation's "masters...
...road-rage habit can be unlearned," says James of the University of Hawaii, "but it takes more than conventional driver's ed." He advocates teaching "emotional intelligence" as part of any thorough driver training: how to "deal with hostility expressed by drivers" and "how to be accepting of diversity and how to accommodate it." He calls for a new driver's ed program from kindergarten on--to teach "a spirit of cooperation rather than competition"--and grass-roots organizations called Quality Driving Circles. These, he told a radio station, would be "small groups of people meeting regularly together to discuss...