Word: fulle
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...undermine the traditional banking system by incentivizing those bad loans. Fueled by the shadow system's demand for loan-based derivatives, enough regular banks issued lousy loans that now they too are failing, hence the fate of Washington Mutual and Wachovia. In the worst case of an unchecked, full-blown panic, even banks that operated cautiously within the post-1929 safeguards could be vulnerable. At that point, Paulson and Bernanke would have to resort to even more extreme measures...
...remote to work. But once we had the game on, it was worth the slight bruising: the colors were sensational and bright; the players, larger than life. I had lugged a pair of speakers up from the basement and connected them to my sound system for the full surround-sound effect, so when the band struck up the Michigan fight song ("Hail! to the victors valiant/ Hail! to the conqu'ring heroes"), Dorfman, an alumnus, brushed away a tear. Emboldened, I marveled at the superior picture quality. "Supposedly, the reds are redder," I said, pointing at the ruby ESPN logo...
...executive director of the Ivy Group of Presidents—the closest thing the Ivy League has to a commissioner. Orleans, most famous for his role in the drafting and implementation of Title IX, was appointed to the post in 1984 as the organization’s first full-time director. The context then was one of turmoil. The Ivy League had just walked away from Division I-A football during the split into two divisions, choosing instead to remain in the newly formed Division I-AA, where the eight schools in the conference had been relegated after...
Throughout the debate, which drew a full house to the John F. Kennedy Jr. Forum, the crowd was reactive to the free-flowing questions from moderator Tom Brokaw of NBC. The debate’s questions, approved by the moderator, were selected from the 80-member “uncommitted” crowd and online submissions...
...concrete policy to back them up, particularly with the crisis moving so rapidly. "Uncoordinated rescue operations, far from restoring confidence, are further fueling fears among savers and investors," said Daniel Gros, director of the Center for European Studies in Brussels. Such actions are pushing Europe "toward a full-fledged banking crisis," he said, with the "likelihood of a serious economic downturn [looming] ever larger...