Word: feds
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Dates: during 2000-2009
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...Liberty holdings would be worth about $1 billion in the merged company's stock, making the taciturn Connecticut Yankee one of the richest men in the country. With Smith as the front man, the deal distances Malone from some of his fiercest critics. He had become increasingly fed up with politicians and competitors who accused him of building his empire through ruthless, anticompetitive practices. (As a Senator, Vice President Al Gore was quoted comparing Malone to Darth Vader.) But Malone's chief reason for merging may have been the simple realization that Bell Atlantic has the financial clout to help...
...Fobis contends that's because Amazon, like most websites, lets customers "tag" products on the site using nicknames like Wiimote. Online retailers also use software like metatags containing words and data that might be buried in the site but, when fed to search engines, can increase the likelihood that Internet search results will prominently feature that site. Even when a vendor is trying to sell a Wii remote control on a retailer's site and advertises it as a Wiimote, or if a customer posts a review of the Wii remote control and gushes, "I love the Wiimote...
...going in the U.S. since the market for private mortgage-backed securities collapsed last summer. They've been able to keep financing mortgages because of the widespread belief that if they faltered, the government would step in to make buyers of their mortgage securities whole. If Paulson and the Fed hadn't stepped in when Fannie and Freddie faltered in early June, the companies might have stopped buying loans and the housing market might have stopped functioning...
...this activism comes at a price. The Fed's rate cuts have fueled inflation and undermined the dollar, now trading at about $1.60 to the euro. The Treasury's willingness to backstop Fannie and Freddie, which together are on the hook for $5.2 trillion in mortgage debt--just slightly less than what the U.S. government owes investors--is already sparking a bit of worry about the soundness of T-bills and bonds. With more bailouts, that worry could snowball...
...bread: the price of flour has tripled in the past year as a result of a surge in global commodity prices. Unpredictable and uncontrollable events such as this may prove much more important than any international policy for the survival of the Afghan state. As Nabi says, "We are fed up with war. I am supporting five unemployed sons. Why can the government not create jobs...