Word: mellone
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...banking crisis, which began in mid-February. It guaranteed that Roosevelt took the oath of office amid such an atmosphere of crisis that Hoover had become the most hated man in America. There were rumors, as he left Washington, that he had been arrested trying to escape aboard Andrew Mellon's yacht with the gold he had raided from Fort Knox...
...workers and play by the rules. "That's how we've always grown the American economy - from the bottom up," Obama said. "John McCain calls this socialism. I call it opportunity, and there is nothing more American than that." And the crowd raised the steel roof of the Mellon Arena...
...Chairman Ben Bernanke, who presides over an immeasurably more potent Federal Reserve system than existed in 1929) has acted with vigor to bring the full powers of the Federal Government to bear in the current crisis. In dramatic contrast, when Herbert Hoover asked his Secretary of the Treasury, Andrew Mellon, for advice on how to cope with the financial implosion of 1929, Mellon replied, "Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate. It will purge the rottenness out of the system." Echoes of that old-time sentiment can still be heard today, but they are mere vestiges...
With OCW gaining so much popularity, other schools have followed suit. In the fall of 2007, Yale made course materials for seven popular courses available online and will add nearly 30 more within the next three years. Carnegie Mellon has launched its Open Learning...
...popular computer-science professor at Carnegie Mellon University, he delivered his "Last Lecture" on Sept. 18, 2007. It became an Internet sensation, with a global audience charmed by his easy manner and insight, in awe of his complete lack of self-pity. It was as though he already knew more than he should, had dipped a ways into eternity and brought back some pieces for the rest of us to use in whatever ways and for whatever time we can. The end of the lecture, it turned out, was just the beginning...