Word: froze
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Dates: during 2000-2009
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...board during the party fund debacle of the past two months. After interim Dean of the College David R. Pilbeam abruptly suspended the UC’s party fund in early October, the UC fought against the administration for several weeks. While the administration held all the cards and froze the UC’s budget, the UC fought on, only to ultimately capitulate to the administration’s demands.While the UC’s resistance gained students a few extra weeks of alcohol reimbursements at parties, its struggle came at a great cost. The trust between...
...about his career. "He was stuck," says Doniger. "For the first time in his life, he could finance a movie, and therefore he didn't have to do what anybody else said, and that paralyzed him. He had no excuse this time if the film was no good. What froze him was having the power to do exactly what he wanted so that his soul was on the line...
...Official statistics show the average 2005 annual salary in France was $28,540 (or $2,378 per month) - around 13 times less than Sarkozy's new take. That income level has largely stagnated since 2000, when companies froze salaries to compensate for productivity losses they anticipated from the new 35-hour workweek. With the passage of time and inflation, that has placed a strain on purchasing power - a concern listed by voters at the top of many polls. "Just as the French people are worrying about their purchasing power, the government increases presidential payment by 140%," said Socialist Party legislator...
After the UC decided to continue its party grant system in spite of the directive, the College froze the council’s funds...
...first big global liquidity crisis came a few years later, on the morning after the 1987 stock-market crash. Fearful banks stopped lending until new Fed Chairman Alan Greenspan restored confidence with reassuring words and piles of cash. Greenspan did the same when credit markets froze after the Russian government defaulted on its debts in 1998. But he was criticized afterward for being perhaps too generous and reassuring and for launching an era of overly easy money...