Word: jimming
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Dates: during 2000-2009
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Historians trying to decide when the Panic of 2008 began may look to the morning of Oct. 6, when the U.S. government's vaunted $700 billion rescue plan barely slowed the market meltdown. The usually ebullient CNBC host Jim Cramer went on Today and implored, "Whatever money you need for the next five years, please take it out of the market right now." Retirees were frantic. Even Fed Chairman Ben Bernanke, his face a rictus of worry, said the economy probably won't improve until next year. Stocks veered wildly...
Each of the volume's seven chapters hammers on a theme, be it people, learning from mistakes or social responsibility (Branson code for saving the world). Important, even noble, topics. But thanks to Peter Drucker, Jim Collins and that gang, you should already know what Branson will pitch: Hire smart men and women. Deliver what you promise. Creative destruction is the soul food of any enterprise. Give back to the community...
...college football’s most prestigious award, the Heisman Trophy. Davis hailed from Elmira, a small mining town in Pennsylvania—hence his real nickname, “The Elmira Express”—and followed in the footsteps of NFL hall-of-famer Jim Brown at Syracuse. Davis not only won the Heisman in 1961; he also led Syracuse to its only national championship in 1959 under Coach Ben Schwartzwalder, played by Dennis Quaid. His success story quickly turned into a tragedy: after being taken first overall in the NFL draft, Davis was diagnosed with...
...some famous Pentecostals? Some of the most prominent televangelists have been Pentecostal, including Jim and Tammy Faye Bakker, Jimmy Swaggart, Pat Robertson and T.D. Jakes. John Ashcroft, the former U.S. Attorney General and Senator from Missouri, is a member of the Assemblies of God and is the first Pentecostal to have attained such high political office...
Back at Ganley Chevrolet, the dealership's bank announced in a meeting yesterday morning that it will increase the floor plan rate - the interest on money that car dealers borrow to buy new inventory - by 1.5%. "Which forces me to have less inventory on hand," says Jim Helton, the general manager. "That makes it harder for me to sell cars, because I'm giving people fewer choices." The dealership's owners were planning this summer to spend millions of dollars on a complete renovation and expansion of the façade, showroom and service area. Rising credit costs, combined with...