Word: feds
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...Fuld is done with the grueling job of trying to stave off financial crisis. Not so for regulators, of course. It's difficult to imagine the pressure and stress. Key players such as Treasury Secretary Hank Paulson and New York Fed chief Tim Geithner have been working around the clock for weeks now, putting out fire after fire. Besides having to comprehend and solve the mind-bending financial woes of some of the world's biggest companies, they are also briefing and seeking counsel from CEOs of the surviving companies, never mind President George W. Bush and the two presidential...
...that it cannot be halted by one stroke. Banks and other financial companies around the globe are struggling to pull themselves out of this mess. Rebuilding will take time, vast amounts of money and constant attention. Sooner or later, the hundreds of billions (or trillions) of dollars that the Fed and other central bankers are throwing into the markets will stabilize things. Sooner or later, housing prices will stop falling because no financial trend continues forever...
...tout the many achievements since 2000: millions more African children now attend school and sleep under mosquito nets; thousands of new water wells have been dug. Yet though maternal health care underpins many other development goals (healthy mothers are more likely to ensure that their children are well fed and educated), the total number of women dying in childbirth has remained virtually unchanged in eight years...
...premise is so frothy you could destroy it by blowing on it, but the show is a delight, driven by Levi's geek charm and Chuck's tentative romance with his fed overseer, Sarah (Yvonne Strahovski). The new episodes quickly jump back in, with higher stakes and sharper jokes, and creator Josh Schwartz hasn't let the strike stop him from developing Chuck's character. He's gone from nebbish-out-of-water to nerdily assured operative, capable of seducing an enemy agent over cocktails with high-IQ trivia banter ("... and that is the true history behind the croissant...
...Rogoff and Frankel both said that the Fed is best positioned to walk the tightrope between encouraging future risky behavior by intervening too much, and potentially damaging the financial system by intervening too little...