Word: headedness
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What's astonishing about the current cycle is how quickly the global economy got into this situation. Governments - from Ben Bernanke, chief of the U.S. Federal Reserve Board, to the Chinese communists to pretty much everyone in between - all know more or less that the only policy response available to...
Theodore E. Skowronski ’69 can still recall the sea of white handkerchiefs triumphantly waving over the Yale side of Harvard Stadium 40 years ago.On the overcast afternoon of Nov. 24, 1968, with three minutes to go in the fourth quarter and the Bulldogs ahead 29-13, the...
"Gates is a great choice because of the respect he has gained from all quarters after the fiasco that went before," says Anthony Zinni, a retired four-star Marine who once headed the U.S. Central Command. "He would also provide continuity at a critical time." The key to Gates' sticking...
First came the financial sector. Bankruptcy has never really worked for banks, because mere rumors that a bank is headed for failure can drive it under. That's why Congress long ago created a separate regulatory system and reorganization process for banks, with the Fed and the fdic at the...
House Speaker Nancy Pelosi, Waxman's fellow Californian, has tangled with Dingell many times in the past and even donated money to his Democratic-primary opponent in 2002. Last year she created a special task force on global warming - headed by her close ally Massachusetts Congressman Ed Markey - a move...