Word: fourthly
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...decades of historical study to start dispensing money to banks and then quasi-banks and then companies that weren't banks at all. In his insider account In Fed We Trust: Ben Bernanke's War on the Great Panic, David Wessel details how Bernanke essentially turned himself into a fourth branch of government, exploiting a loophole in a 1932 law that gave the Fed wide latitude in "unusual and exigent circumstances" to become a virtual economic commander in chief, dropping several trillion dollars into the nation's credit jet stream without presidential or congressional input, inaugurating all kinds of unprecedented...
...Administration is also expected to release a fourth OLC memo, from 2007, as well as a Justice Department memo from 2006, about conditions at the secret prisons. And, as if to underline the Administration's commitment to transparency, the Pentagon has decided to notify the Red Cross of the identifies of the detainees being held in secret camps in Iraq and Afghanistan...
Yale took third place, with a four-way tie for fourth pitting the University of Pennsylvania and MIT against the California Institute of Technology and Stanford...
...Known for his calm demeanor, Smith has stood at the helm of the Faculty of Arts and Sciences for just over two years, overseeing both calm growth and the great market crash. In July 2007, he became the fourth Dean of the Faculty in just over a year, as one dean was fired by Summers, the next had to take medical leave due to prostate cancer, and the third’s term expired. A popular professor and former software company chairman, Smith actually co-taught an undergraduate Computer Science course last spring, even though he’s technically...
...FOURTH LAYER—BURGERS