Word: lynch
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Dates: during 2000-2009
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...derivatives, for instance - that might have prevented it. And their big profits can be traced not only to skill but also to the government's decision last fall to bail out the financial sector just as the troubles that toppled Lehman Brothers and WaMu and forced Bear Stearns, Merrill Lynch and Wachovia into shotgun marriages began to endanger Goldman and (to a lesser extent) JPMorgan. "No one should be confused about the extent to which the public sector has provided a foundation for financial recovery," White House economic czar Larry Summers said after Goldman and JPMorgan reported their stellar second...
...April, Thomas J. Lynch, Jr., former chief of hematology and oncology at the Mass. General Cancer Center, left Harvard after 23 years to become director of the Yale Cancer Center and physician-in-chief of the Smilow Cancer Hospital at Yale-New Haven Hospital. Yale had also appointed a new chief of cardiology from Dartmouth last summer...
...much money is now sloshing around. It's winding up in stocks and real estate, pushing prices up too far and too fast for the underlying economic fundamentals. "We're not in a full-blown bubble yet," says David Cui, China strategist for Banc of America Securities - Merrill Lynch in Shanghai. "But the risk is there. There is such a sharp turnaround, especially since it is largely fueled by easy money...
...even in the midst of an economic boom, corporate downsizings were rampant - and how each time a company announced a major layoff, its stock rallied. What she found from her perch at Bankers Trust - and later in interviews with people at firms such as Morgan Stanley, Merrill Lynch, Lehman Brothers, Goldman Sachs, JPMorgan, Salomon Brothers, Kidder Peabody and Lazard - was that it wasn't just an ideological commitment to boosting shareholder value that drove decisions to merge, break up and restructure companies, but also the work culture of Wall Street itself. Ho, now a professor at the University of Minnesota...
...testimony before the House Financial Services Committee on the morning of July 21, Alabama Republican Spencer Bachus thanked him for his "willingness to make yourself available on countless numbers of occasions." Since February, the Fed chairman has been called to testify about Bank of America's takeover of Merrill Lynch, the government's bailout of AIG, the federal budget deficit, the Fed's various new lending programs and the economic outlook. He has also taken to penning occasional Op-Ed pieces - today he has one in the Wall Street Journal explaining the Fed's "exit strategy" once it decides...