Word: maximum
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Dates: during 2000-2009
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...conference on Wednesday, Paulson suggested that he was about to expand his tool kit. "It is the policy of the Federal Government to use all resources at its disposal to make our financial system stronger," he said. "We will use all of the tools we've been given to maximum effectiveness, including strengthening the capitalization of financial institutions of every size." Put another way, a senior Administration official says, the $700 billion is "for everyone; it's for everything: buying assets, insuring assets or purchasing equity, the biggest to smallest...
...Following the deregulation of savings and loan associations (S&Ls) in the early 1980's, several of these banks began taking greater liberties with depositors' money, sinking it into risky real estate ventures and junk bonds in an effort to reap maximum profits. Fearful about the future of the vast amounts of federally-insured money being invested, the Federal Home Loan Bank Board (FHLBB) instituted a cap on the amount of money S&L's were allowed to place in such volatile instruments. An investigation into Lincoln Savings and Loan uncovered flagrant violations of these regulations, exceeding the limit...
...action was carefully coordinated for maximum effect. First came an early-morning announcement by the British government that it had crafted a $90 billion rescue package for its banks. Then five central banks from around the world, including the two big ones - the U.S. Federal Reserve and the European Central Bank - announced a cut in interest rates. Jean-Claude Trichet, president of the European Central Bank, described the cuts as an "important mark of confidence" that showed an "intimate cooperation" among monetary authorities around the world. Under normal circumstances, such measures would have bucked up moods and stock prices...
Sarah Palin’s brief replies were similarly revealing. Her impressive verbal architecture ensured the maximum number of catchy phrases per minute; when there’s so much to say, who has time to conjugate verbs? And she did succeed in conveying her dedication (to buzzwords, if nothing else). When the moderator asked what each candidate considered to be his or her Achilles’ heel, Palin assured the audience of her “experience as an executive” and “connection to the heartland of America,” before conceding that...
Case: Ashcroft, Former Attorney General v. Iqbal Hearing Date: Dec. 10 Background: Javaid Iqbal, a Pakistani man living and working in New York, was arrested on credit card fraud charges after the Sept. 11 attacks. While in custody in the maximum security section of Metropolitan Detention Center, Iqbal allegedly received "gross mistreatment." After being deported, he filed suit against the prison and FBI Director Robert Mueller and former Attorney General John Ashcroft, claiming multiple civil rights violations including that the officials "designed, or at least approved of, a policy of segregating Arab and Muslim detainees from the general prison population...