Word: dollarized
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Dates: during 2000-2009
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...Billion Dollar Game: Behind the Scenes of the Greatest Day in American Sport By Allen St. John Doubleday; 264 pages...
...marketing. For many, the game - whose broadcast reaches some 100 million viewers and possesses an economic footprint larger than the GDP of 25 nations - has had its appeal overshadowed by the neon-lit, focus-grouped spectacle that surrounds it. St. John anticipates those sentiments. "Sure, this billion dollar game harbors the crass and the commercial," he concedes. "But for a few short hours at least, the truly base and the evil must wait outside the door because we're watching the game. The Super Bowl is possibility, it is opportunity, it is hope, it is dreams." From here the Gatorade...
Known as the Uniform Prudent Management of Institutional Funds Act, the legislation would aid universities by eliminating the “historic dollar value” rule currently in effect in Massachusetts. The rule, a product of legislation dating from the 1970s, prevents institutions from spending from a particular endowment fund if its value falls “underwater”—below levels pegged to a specific point in time, such as the donor’s date of death...
...There are an awful lot of community organizations, non-profits, endowments, that very much want to keep going at their mission, even though stock market reversals in the past year may have left funds near or under historic dollar value,” Kerr said. “This is one of the pressures out there to see UPMIFA widely adopted...
Shortly after the European Management Forum was founded, world events began to shift the focus of the annual meetings to encompass more global issues. The collapse of the Bretton Woods fixed exchange system, which pegged the value of foreign currencies to the US dollar, and the Arab-Israeli War in 1973 introduced political and economic elements to the Davos discussions, and political leaders joined the European businessmen at the following meeting in January 1974. By 1976, membership in the forum was extended to the "1,000 leading companies of the world...