Word: fed
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Dates: during 2000-2009
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...shown a solid mix of composure and creativity throughout. In testimony on Capitol Hill and in public statements he comes across as levelheaded and even soft-spoken. Says John Sexton, the president of New York University, who previously chaired the committee that picked Geithner for the New York Fed job: "I've been in conversations with Tim on critically important and time-sensitive issues, crises, and I've been struck by his ability to stay calm...
...package nearly two weeks ago, and in Beijing last weekend, government policymakers acknowledged that more is probably coming. In the U.S., another economic-stimulus plan seems inevitable; the Federal Reserve, meanwhile, is probably headed toward what in 1990s Japan became known as the ZIRP: zero-interest-rate policy. The Fed funds rate is already down to 1%, and the economy is still sinking. Rates have nowhere to go but down - all the way to zero. And by the time President-elect Barack Obama takes office in January, it's likely the U.S. will be debating what sort of tax relief...
...Maybe not; the Potter films are superproductions costing in the hundred millions, while the much more intimate Twilight, directed by Catherine Hardwicke from Melissa Rosenberg's script, has a low-medium budget (less than $40 million) and an artless indie vibe. But just as J.K. Rowling cannily fed tween readers' innocent lust for adventure, so Meyer smites their slightly older sisters with the adventure of innocent lust. And when the teen witches and wizards of Harry Potter and the Half-Blood Prince, the sixth film in the series, vacated the prime slot of the weekend before Thanksgiving for a July...
First came the financial sector. Bankruptcy has never really worked for banks, because mere rumors that a bank is headed for failure can drive it under. That's why Congress long ago created a separate regulatory system and reorganization process for banks, with the Fed and the fdic at the center. Over the past quarter-century, though, a "shadow banking system" of investment firms, hedge funds and derivatives dealers grew up that was subject to the same risks as banks but not the same rules. In September, Lehman Brothers, a major cog in this system, filed for Chapter...
What's really held back residential wind power has been the lack of federal subsidies, which have fed the growth of other renewables like solar and large-scale wind. "We've had zero federal assistance," says Ron Stimmel, AWEA's small-wind expert...