Word: feds
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...supported Loker Commons, and fed the students' stomachs," said Sidney Verba '53, director of the Harvard University Library and Pforzheimer University professor. "Now with the library, their minds will be fed...
Dominating early and controlling the ball for most of the first half, Dartmouth struck again in the 14th minute when sophomore Jennifer Murray won a battle for the ball and then fed post who finished nicely from 20 yards...
...turbulence, they have become convinced that the economy won't weather the quick downshift. They are jettisoning the stocks and bonds of any companies that could stumble if the decade-old expansion turns to recession. But what happens if that severe slowdown doesn't hit? What if the Fed won't let it happen and moves aggressively to cut rates? Then Wall Street will have created the same sort of bargains that it does when it occasionally unloads drug stocks because of potential government regulation, or when it shuns tech stocks because a high-profile semiconductor or software company stumbles...
...believe, as I do, that the Fed's second, mid-October rate cut signals a vigilance that will avert a recession, you'll find great value in the so-called cyclical stocks and in high-yield or "junk" bonds. I have avoided junk for years because too many weak companies were able to borrow at rates only slightly higher than those paid by the strongest debtors. Confidence in the economy ran so high that even companies with no hope of making a profit this decade could tap the markets cheaply. Junk-bond investors weren't getting paid enough for their...
...Federal Reserve has used its might to rescue the high-flying hedge fund Long Term Capital Management [BUSINESS, Oct. 5], and some billionaire greed addicts have been spared. But where was the Fed when American farmers were having their land auctioned a few years ago? Why isn't the Fed rescuing women who are paid less than men for the same work? And why isn't the Fed saving American children living in poverty? The risk of saving this hedge fund has been called a "moral hazard." Hell, I'd call it a "moral outrage." ROBERT MARRONE Fair Oaks, Calif...