Word: march
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...middle of a fiscal firestorm. In 1932 it didn't help that the two men neither liked nor trusted each other: Herbert Hoover called Franklin Roosevelt a "chameleon on plaid," while F.D.R. preferred the image of Hoover as a "fat, timid capon." Since Inauguration Day was not until March 1933, there was an urgent need for action, but Hoover's efforts to reach out to Roosevelt in the name of bipartisan cooperation were dismissed by critics as an attempt to annul the election and obstruct the New Deal. Hoover called Roosevelt a "madman" for digging in his heels on economics...
...possible that the panic never would have happened if Paulson and Federal Reserve officials hadn't allowed Lehman to fail. Although, given how much criticism they got for their semi-bailout of Bear Stearns in March, it's easy enough to see where that decision came from. Less easy to understand is why Paulson initially stubbornly insisted that the bailout bill be structured as an asset-purchase plan - it's still called the Troubled Asset Relief Program, or TARP - rather than as a straightforward recapitalization of troubled banks. Treasury has since switched to the latter approach, so far putting...
...many consumers, however, Circuit City's most obvious failing was its customer service. In March 2007, it announced plans to lay off its highest-paid hourly employees, including salespeople, and replace them with cheaper workers. That same year, then CEO Philip Schoonover received some $7 million in compensation. It may come as no surprise, then, that a quick Web search on "Circuit City complaints" brings up hundreds of thousands of entries...
...divorced parent, Jarrett once defended checking her watch during a meeting with Mayor Daley by explaining that her daughter's Halloween Parade started in 20 minutes; she got to the march on time...
...plaid," while F.D.R. preferred the image of Hoover as a "fat, timid capon." In the final days of the campaign, Hoover denounced Roosevelt's "nonsense ... tirades ... glittering generalizations ... ignorance" and "defamation" on his way to losing to him in 42 of 48 states. Since Inauguration Day was not until March 4, 1933, and with the global financial system in tatters, there was urgent need for action - but Hoover's efforts to reach out to Roosevelt in the name of bipartisan cooperation were dismissed by critics as his trying to reverse the election results and force Roosevelt to agree...