Word: jannings
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Dates: during 2000-2009
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...BofA agreed on Jan. 11 to buy Countrywide for about $4 billion in stock, acquiring Countrywide's $1.5 trillion loan portfolio along with its battered reputation and a swamp of lawsuits. You could almost hear the sighs of relief coming from Wall Street - not to mention the Treasury Department and Federal Reserve - that someone had swooped in to prevent the collapse of the nation's largest mortgage lender and whatever else it might pull down in its wake. CreditSights analyst David Hendler called the deal a "rescue bid" that would give the markets some much needed stability. The irresistible headline...
...environmental movement has marked its advancement in a series of caps and cutoffs and deadlines. On Jan. 9, one of those targets came and went: The Fish and Wildlife Service (FWS), the Interior Department agency that evaluates endangered species, was due that day to deliver its ruling on the polar bear. Though FWS had already taken over a year to investigate the polar bear's plight - green groups sued the federal government two years ago to declare the animal as threatened under the Endangered Species Act - the day before the deadline, the agency announced that it would need another month...
...This year's meeting, which starts on Jan. 23, might be a little different. Thoughts may be in the valley rather than the hills. A year ago, subprime had not entered the lexicon of the nightly news, and most Americans probably thought that "credit crunch" was a breakfast cereal. We all know better now. In the wake of the report that December's U.S. unemployment rate had jumped to 5%, the highest level in two years, the Bush Administration and Congress, Republicans and Democrats, started falling over themselves trying to find a politically acceptable stimulus package. With a recession...
Leading Russia into the Future Since you acknowledge that Person of the Year Vladimir Putin has distinguished himself by "choosing order before freedom," I wonder why you didn't select President George W. Bush a third time for his choosing safety from terrorism before terrorists' rights [Dec. 31, 2007-Jan. 7, 2008]. No, TIME would much rather recognize a virtual dictator for his supposed achievements: violently suppressing dissent, crushing the free press and heading a regime that has been accused of murdering opponents and expropriating private property for the state. On the other hand, TIME loves to natter on about...
...Maximum-Security Manger Like Jamil Hamad, I too bemoan the changes that have transformed Bethlehem [Dec. 31, 2007-Jan. 7, 2008]. I do so as a former Israeli soldier who had the honor of guarding the Church of the Nativity when the city was still under Israeli control. But I take issue with a number of subtle insinuations in Hamad's article. He was critical of the security checkpoints, but since the city is no longer under Israeli control, why should the crossing into Israel be different from those between the U.S. and Canada or Mexico, for instance? Hamad also...