Word: feds
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Dates: during 1990-1999
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...owns," given the Federal Reserve's new bias toward easier credit. Shares of the Chases and Citigroups were flying out the door. An index of bank stocks peaked in July at 932, then plummeted to 592 in early October before vaulting back to 789 on Nov. 5, after the Fed's second rate...
Then shake-ups at Citigroup--and a growing belief that the economy had got so strong that the Fed would ease no longer--pushed the banks down for 10 days in a row, taking back as much as a third of their recent gains...
...appears that the investigation into unclaimed bank accounts of Holocaust victims may cost the Swiss banking establishment a billion-plus francs (say $800 million) -- perhaps more than the total value of the original deposits. The international investigating commission under Paul Volcker, former chief of the Fed, says it needs until June 1999 to finish its work. The Volcker Commission has 500 chartered accountants combing through tons of archives at 63 banks, and those sleuths don?t come cheap. The bankers are livid about the expense and time; some of the smaller banks are threatening to throw out the commission...
...Voters might have retired Clinton in 1996 for moving too far to the left had Gingrich not come along and yanked the whole enterprise too far to the right. Gingrich had always been Clinton's best foil, the uglier alternative to whom Clinton kept pointing every time Americans got fed up with the President's inability to govern, stay focused and get things done. As scattered as Clinton can be, Gingrich was always worse, talking about dinosaurs and space colonies and women in trenches...
...culmination of a feud between the Palestinian Authority's military intelligence, run by Musa Arafat, the chairman's cousin, and members of Fatah, Arafat's faction in the Palestine Liberation Organization. Musa Arafat's men had ransacked a Fatah office, and the provocation touched off a furious response, fed by growing frustration with the Palestinian Authority, which has a record of torture, blackmail and rampant corruption...