Word: feds
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
Federal Reserve Board Chairman Alan Greenspan assures the nation's banks that the Fed will provide fresh funds if needed...
...news from Tokyo buoys Wall Street, as do the Fed's reassurances of the previous day on the availability of credit. Major corporations take advantage of greatly discounted prices to buy back large blocks of their own stock. Other bargain hunters also begin to prowl. One broker says the market is moving "from hell to heaven...
Following Black Monday, Greenspan moved quickly to avert further disaster. The day after the market's plunge, the new Fed chairman cut short a speaking trip to Dallas and hurried back to his ornate second-floor office in Washington's Eccles Building. He had already issued a terse announcement that the nation's central bank would "serve as a source of liquidity to support the economic and financial system." That was a signal that banks would have no difficulty obtaining additional credit as needed to provide for the huge losses sustained by shell-shocked brokerages. Greenspan's announcement produced...
Weeds starts out as stark prison drama. San Quentin inmate Lee Umstetter (Nick Nolte), fed up with the inhumanity of prison where wardens say things like "We don't have rehabilitation anymore, we have punishment," tries to kill himself. Failing that, he turns into the convict with a conscience, the old TV-movie standby. "Give me a thick book," he tells the prison librarian, "I don't care what it's about...
According to a former member who left becauseshe was fed up with the authority structure of theChurch, there is subtle but omnipresent pressureto confess...