Word: lynch
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...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...
...investment firm Gluskin Sheff & Associates in Toronto, says Canada's trade deficit is the result of an overvalued loonie bumping up against a lingering downturn in U.S. consumer spending. "The Canadian dollar's overvaluation is a major impediment to the manufacturing sector," says Rosenberg, former chief economist at Merrill Lynch in New York City, noting that the loonie has overshot its real value by about...
...from the market-research firm NPD shows that in the U.S., technology unit sales were up 10% in May on a year-over-year basis. However, revenues declined 11% over the same time period. "Most of the unit growth is fueled by netbooks," observed analysts at Bank of America/Merrill Lynch in a recent report. (Read "Why Are Netbooks So Popular...
...Lynch is a co-author of Titanic: An Illustrated History
...around the country, orchestras, opera houses, theater troupes and dance companies are cutting salaries, jobs and programs. A few have simply collapsed. The Hartford-based Connecticut Opera closed this year after 67 seasons. So did the 58-year-old Baltimore Opera Company. "Most organizations have been hurt," says Robert Lynch, president of the advocacy group Americans for the Arts. "But arts organizations aren't driven by profit. They're driven by mission. And they'll do anything to survive...