Word: interventionism
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Dates: during 2000-2009
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The deal, which prevents German taxpayers' money from disappearing into the GM's all but empty coffers in the U.S., was a lifeline few Germans had expected. In the past, Chancellor Angela Merkel's conservative CDU party has steered clear of state intervention in the economy. But as the global...
The pro teams that do exist have problems of their own. The Chinese Super League, now the top-tier professional league in China, has been plagued by scandal in recent years. Despite government intervention to assign the best players to represent China at international tournaments, match-fixing, pitch violence, controversial...
What's not so clear is whether repaying TARP will turn out to be beneficial for investors. Analysts say getting out of TARP could be costly. Indeed, some worry that banks are putting their desire to rid themselves of government intervention ahead of their firms' bottom lines.
So the kids that I visited at Ferebee-Hope School yesterday - they're going to remember that the First Lady came to see them, and they're going to think about that. But over the course of their elementary school experience, it's going to be that third-grade teacher...
Banks are still full of bad news. Why are the stocks showing such strength? We've seen unprecedented liquidity being put to work in the U.S. on behalf of financials, so it was only going to be a matter of time before banks started to rise. Also, many investors have...