Word: hanks
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Dates: during 2000-2009
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...extraordinary moment in China's long history. Henry Kissinger, the architect of the opening to China in 1972, was there. So, too, was former President George H.W. Bush, who took considerable political risks at home to rebuild Sino-American relations in the wake of Tiananmen Square. And also Maurice "Hank" Greenberg, the former chief executive of AIG and one of the earliest and most aggressive U.S. investors in the New China. They were joined by a legion of American CEOs. But Bush and Kissinger - bureaucratic rivals within the U.S. government 30 years ago - were the focal points. Both...
...count six such episodes since August 2007. In the early days, the Federal Reserve Board did all the work and usually made its big announcement on a Friday. Since then, Treasury Secretary Hank Paulson has moved to the fore, and he picked a Sunday afternoon to float his proposal for bolstering beleaguered mortgage giants Fannie Mae and Freddie Mac. The basic pattern, though, remains the same: Financial tizzy. Dramatic government action. Period of reduced tizzy. Repeat...
...main such effort has been a voluntary deal announced last December by Treasury Secretary Hank Paulson in which mortgage lenders agreed to freeze interest rates for certain subprime borrowers. But thanks to the Fed, high rates on adjustable-rate loans are no longer the big problem. The big problem is that 9 million U.S. homeowners owe more than their houses are worth; they're upside down, in the parlance, meaning that if foreclosures are to be slowed, the mortgages themselves must shrink...
Californication The First Season; two discs; out June 17 The aptly named Hank Moody (David Duchovny) is a writer, dad and horndog looking for a second chance from his ex (Natascha McElhone), his daughter (Madeleine Martin) and life in general. With its sculpted bodies and broad farce, Californication can play like a parody of a cable sexcom, but Duchovny is martini-dry as the world-weary Hank...
...Current Treasury Secretary Hank Paulson has already proposed a sweeping revamp of the financial regulatory structure. What hasn't really been answered yet - but could be by a new Administration - is whether we need an entirely new regulatory approach. Ever since Reagan took office, the approach has been to get out of the way and let financial markets work their magic. Now that it's clear just how much of this is black magic, there's a case to be made that financial innovation - especially when it's targeted at consumers - could do with much stricter oversight...