Word: institutionalized
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While the sculpture’s brazen impudence is certainly comic and refreshingly devoid of political correctness, its presence at the center of a major political institution is simply inappropriate. To display an offensive piece like “Entropa” is to dangerously accentuate the political divisions it...
Since then, future oil prices have come closer together, averaging just over a dollar between contract months over the next year, or slightly more than the $1.02 per barrel per month price tag that Morgan Stanley had reportedly been negotiating in mid-January. The apparent correction is unlikely to have...
It hasn't. Instead, the plan seems to have done little to slow fears that Citigroup would have to be broken up or shut down completely. Indeed, the bank has since announced plans to sell off a number of units, including its brokerage division. On the Friday before the insurance...
Nonetheless, the idea of new loan guarantees as the solution to fix the banking crisis appears to be gaining momentum in Washington and abroad. Earlier in the week, Treasury Secretary Timothy Geithner seemed to have struck a deal between the FDIC and the Federal Reserve to roll out a new...
Many Republicans say their opposition to the bill is based on a suspicion that Democrats are using the economic crisis to push forward a partisan agenda. Their list of objections, which has been e-mailed to reporters, includes a number of targeted items that offend Republican constituencies: $50 million for...