Word: hold
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Dates: during 2000-2009
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...debate over the ideology of saving the financial world turned ugly as Czech Republic Prime Minister Mirek Topolanek described the Obama stimulus programs as the "way to hell." The comments were made worse by the fact that the Czechs currently hold the position of the presidency of the E.U. Topolanek's opinions were at the very least a semi-official statement from the European alliance, even if other member nations denounce it. (Read a TIME story on the Czech Republic...
That may lead to a standoff, given that many banks are like underwater homeowners - hoping to hold on until prices rebound. "The challenge is going to be to get the prices high enough for banks to sell," FDIC Chairman Sheila Bair told reporters the day the plan was unveiled. "The problem is going to be low pricing, not high pricing...
Read "Law-School Grads See Promised Jobs Put On Hold...
...expected to hold onto the reins of both the government and the E.U. presidency until a new Czech coalition is formed, but there is uncertainty about how long this could take. Social Democrat leader Jiri Paroubek has said the government could "complete the Czech E.U. presidency or its substantial part...
There's popular pressure for punishing people responsible for this mess. How important do you think it is to restore accountability? What I find really interesting about the public response is that the values that people hold to be important - like working hard and taking responsibility - are the values that not only underlie a good society but are necessary for a good economy as well. People have felt for some time that you've got this vast global process at work, and somehow the rules that govern [it] have got different from the rules you practice in your everyday life...