Word: jimming
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Dates: during 2000-2009
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...whether shorts hastened the demise of Lehman and AIG, cutting the off their oxygen when it was desperately needed. And some have laid the blame at the feet of SEC commissioner Cox. "Chris Cox is responsible for the largest destruction of wealth in U.S. history," hissed Mad Money maestro Jim Cramer on his CNBC show on Tuesday. "Because of Cox, the shorts won." (Republican nominee John McCain called Thursday for Cox to be fired - the same Cox some conservatives touted as a possible running mate earlier this year. President Bush said he fully supports his appointee...
...didn't have commercial banks ready to step in, you'd have a vastly bigger crisis today," says Jim Leach, a Republican former Congressman from Iowa (and current Barack Obama supporter) whose name is on the Gramm-Leach-Bliley Act that repealed Glass-Steagall. Leach is no neutral observer, and there can be no proving that Glass-Steagall repeal has made the world safer. But amid the predictable debate now underway about how much new financial regulation is needed, it just doesn't make a very convincing scapegoat for the crisis...
...actually admitted to pollsters that race was a factor in their vote; that may be an Appalachian outlier, but even in New Jersey, Pennsylvania and Ohio the figure was a troubling 1 in 10. It's a tribute to America's racial progress that a biracial man born before Jim Crow died could come this close to the presidency, but if you believe that contemporary America is color-blind, you probably also believe the Georgia Congressman who recently called Obama "uppity," then claimed he had no idea it was a traditional Southern slur for blacks who didn't know their...
OverSuccess: Healing The American Obsession With Wealth, Fame, Power, and Perfection By Jim Rubens Greenleaf; 451 pages...
...have no stop signals - in seven years, Carmel has seen a 78% drop in accidents involving injuries, not to mention a savings of some 24,000 gal. of gas per year per roundabout because of less car idling. "As our population densities become more like Europe's," says Mayor Jim Brainard, who received a climate-protection award this year from the U.S. Conference of Mayors, "roundabouts will become more popular...