Word: john
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Here's how it worked. The FDIC decided to run the bank itself rather than rely on the bank's past managers or hire new ones. So almost immediately after the agency took over IndyMac last July, it sent over two of its top officials, chief operating officer John Bovenzi and Dallas-based assistant director Rick Hoffman, to Pasadena, Calif., to run the bank. Bovenzi became IndyMac's CEO. Hoffman took on the role of president. For Bovenzi and Hoffman, cost-cutting was high on their agenda. They slashed the rate the bank was paying on certificates of deposit. Expensive...
...education as opposed to adopting symptom-based approaches such as liposuction. “In order to actually start something, the first step is to talk about it, to dream it. If you can’t dream it, you can’t do it,” John F. Ruggiero, a member of the audience, said of Lieberman’s suggestions. Lieberman also discouraged the consumption of corn-fed beef on campus because cows are not evolutionarily designed to eat corn. Cows fall ill when they do eat corn on a regular basis...
...Republicans, who oversaw an unprecedented explosion of earmarks when they controlled Congress, resisted efforts by Obama and other Democrats to inject accountability into the earmark process, and even grabbed over 40% of the earmarks in the current bill, yet have the gall to blast Obama's cave-in? Even John McCain, the leading crusader against earmarks, who railed against Obama's acceptance of the spending bill on the Senate floor this week, made exceptions during his presidential campaign for earmarks for Israel and military housing, as well as a ferry service for an impoverished Alabama town he visited over...
...history lesson. My translator-colleague and I had been directed to Fufuli by a younger bookseller up the street, who called him "the dictionary." In his brown blazer and sweater, Fufuli did indeed have a professorial air. Framed by dusty stacks of books tall as himself (between Arabic volumes: John Le Carré, Macroeconomic Theory, Richard Nixon's Leaders), he conducted slow business out of a small brick storefront, which, he said, his father opened...
...Taken together, the emerging Pakistan and Afghanistan policies sound ... impossible, but unavoidable. They will also be politically treacherous. Already, John McCain has made it clear that his position on Afghanistan will be the same as it was on Iraq - in favor of more troops. Obama could easily find himself in the same sort of hawk-vs.-dove debate that has boggled American Presidents from Vietnam to Iraq. Traditionally, Presidents favor more troops - and precipitously lose public support. In this case, Obama's margin for error is minuscule, given the enormity of the economic crisis. He simply can't get bogged...