Word: eric
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...meeting Wednesday with the GOP caucus, dozens of members steadily streamed out of the meeting in outrage. Finally, with just 60 or so members left in the room, Paulson called for a show of support, according to Representative Tom Davis, a Virginia Republican. Only four people raised their hands. Eric Cantor, a Virginia Republican who has started pushing an alternative to the Paulson plan that would not require Washington to pony up so much money, said every member has been inundated with hundreds of calls from angry conservatives...
...Instead, they are now actively pushing an alternative proposal floated by Congressman Eric Cantor of Virginia that would force Wall Street to pony up some cash at the outset. Rather than buying all those troubled mortgage assets from ailing banks and investment firms, Republicans say, the government should instead insure them, much as the Government National Mortgage Association does. This approach, they argue, would not cost as much, and would require Wall Street to pay the cost of its mistakes, through insurance premiums. "The main thing is to protect the taxpayer," said Georgia Republican Phil Gingrey. "We don't really...
...back in 1998," says Eric Berglof, chief economist at the European Bank for Reconstruction and Development in London, who reckons the financial-market problems will result in a "smallish blip" in the economy rather than any bigger meltdown. Certainly, the situation today is very different from a decade ago, he and others point out: Russia currently has a whopping $550 billion in foreign-currency reserves, a hefty budget surplus, a negligible national debt and an economy that remains on course to grow by 7% this year. The fount of much of the nation's newfound wealth...
...Ollabelle, a New York-based group, represents the new generation of folk musicians. From the beginning, Harvard students were actively involved with the club and benefited from its rich music scene. Regular performers at the club included the Charles River Valley Boys, Tom Rush ’63, and Eric Sackheim ’56. “When we first started the original Club 47, we had a lot of Harvard students and Harvard graduates who were involved,” executive director Dan Hogan says. The club also drew singers from across the nation, including many musicians from...
...formula seems to be working. Nearly 800 fellows as young as 18 and as old as 82 have been christened since 1981. Among their feats: slowing the speed of light (optical physicist Lene Hau, 2001), mapping the human genome (geneticist Eric Lander, 1987), penning acclaimed novels (Cormac McCarthy, 1981; the recently deceased David Foster Wallace, 1997), scheming to save our threatened fisheries (lobsterman Ted Ames, 2005) and solving Fermat's Last Theorem (mathematician Andrew Wiles, 1997). Seven have nabbed the Nobel Prize, including geneticist Barbara McClintock (1981) and former U.S. poet laureate Joseph Brodsky (1981). Others have won Pulitzers, Fields...