Word: isn
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Dates: during 2000-2009
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...There isn't. But the mere fact that reporters raised the subject was an indication that the issue is complicated. Goldman's profits are so high because so many of its competitors are wounded or defunct. Though the firm is in this advantageous position because it did a better job of steering through the crisis than did most rivals (JPMorgan Chase is Wall Street's other beacon of health), it probably wouldn't have survived the worst of the panic last fall if there hadn't been a massive government bailout--engineered by a Treasury Secretary who used...
...year. He views today's standard six-hour, 180-day calendar as way too old school, a holdover from not only 19th century agrarian society but also mid-20th century Donna Reed-style parenting. "Our children are no longer working in the fields," Duncan says. "And Mom isn't waiting at home at 2:30 with a peanut-butter-and-jelly sandwich. That just doesn't happen in many American families anymore." (Read an interview with Duncan...
...fact that it's expensive to keep schools open longer. In Massachusetts, for instance, ELT schools receive an additional $1,300 per student, on top of the basic state allotment. And, some ask, if a school is low-performing, if the teachers or curriculums or parental involvement isn't up to snuff, how much good will more class time really do? "You can't just extend time in these schools by 30%," says Elena Silva, an analyst with Education Sector, an independent think tank. "That in and of itself is not going to work as a strategy to turn around...
...reasoning is most closely identified with Elizabeth Warren, a Harvard law professor and the current chairwoman of the congressionally appointed committee overseeing the Treasury's bailout efforts. In a 2007 article in the journal Democracy, Warren argued for what she called a Financial Product Safety Commission. But the idea isn't exclusive to her. Canada, which did not suffer the subprime woes of its southern neighbor, created a consumer financial agency in 2001. Australia and the Netherlands have taken the more ambitious step of consolidating all consumer and market oversight under one financial regulator while leaving soundness to another. Last...
...down the road, clip that quote. The city is burdened with the same drug, crime and urban-decay issues it had four, 10, 20 years ago. Booker talks a big game, and three years into his term, he has certainly impressed. But despite Booker's best efforts, 2009 Newark isn't shocking anyone...