Word: march
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...agency has the most authority for the task at hand. Paulson was the primary mover last fall in getting banks and mortgage companies to ease up on homeowners who faced foreclosure, while Bernanke dropped billions into jittery credit markets with a surprise rate cut. Geithner engineered the rescue in March of the investment bank Bear Stearns. In the summer, Paulson horsed Congress into giving him broad authority to seize troubled lenders Fannie Mae and Freddie Mac--which he ended up having to use two months later. And when the three have run into interference from conservatives in the White House...
...about their opinions all day. Goldberg and Behar are plainly pro--Barack Obama; Elisabeth Hasselbeck is an avowed conservative. Yet their interviews are actually newsworthy; Behar got McCain to go on the record supporting his surrogates' attack on Obama's "lipstick on a pig" remark, and Hasselbeck, in a March interview, pressed Obama for seven minutes on the Rev. Jeremiah Wright controversy...
...sheer scale of the carnage cannot be denied. Sydney Schanberg, then the New York Times's South Asia correspondent, described the month-long Pakistani crackdown in March 1971 as "a pogrom on a vast scale" in a land where "vultures grow fat." (He would famously win a Pulitzer Prize for his reporting five years later on Cambodia's killing fields.) Passing through the charred husks of villages razed by West Pakistani troops, he heard whispered story after story of mass executions of Hindus, college students and anybody suspected of Bengali nationalism. Neighborhoods were gutted as Bangladesh's main cities fell...
...polls earlier this year. But Abdullah hasn't specified exactly when he might hand over the reins to his deputy, Najib Razak, even though the government's popularity figures are languishing at a record low. Meanwhile, opposition leader Anwar Ibrahim, whose People's Alliance did surprisingly well in the March elections, boasts that he has lured enough defectors from the governing alliance to form a new government. But despite promising to unveil his new team in mid-September, Anwar hasn't shown the goods yet. As the political standoff heightens, Malaysians can only sit and hope that someone will soon...
...March, matters worsened as perception on Wall Street caused financiers to stop providing the 85-year-old firm with new capital...