Word: morgans
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Dates: during 2000-2009
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...your deposit dollars, driving interest rates on bank products abnormally high. At first glance, that's fantastic news for consumers who are finding CDs that yield 4% and money-market accounts that pay 3%. But the competition for money - which will surely intensify as new bank holding companies like Morgan Stanley, Goldman Sachs and American Express amp up efforts to attract deposits - is also squeezing banks' profit margins, further straining an already weak industry and stressing smaller banks, many of which didn't go hog wild making risky loans in the first place. "Higher rates are a short-term...
...more competition is on the horizon. In the past two months, Goldman Sachs, Morgan Stanley, Raymond James, GMAC, American Express and business financier CIT have all applied to convert into bank holding companies, partly in order to be able to get access to cheap funding through deposits. GE Capital, the finance arm of GE, is planning on doubling its deposit base, which it garners through broker-sold CDs, to $81 billion next year. Goldman Sachs is on track to open an online bank. Morgan Stanley, which already has $36 billion in deposits, is selling billions of dollars' worth...
...prepares to face his Russian opponent Anatoly Sergievsky (Adam M. Lathram ’10) amid a politically tense atmosphere. Everyone, it seems, is a secret agent—or could be. When Freddie rashly accuses Anatoly of cheating, the game is suspended for negotiations. Meanwhile, Florence Vassy (Morgan L. Mallory ’10), Freddie’s Hungarian-American second, leaves her underappreciated role by Freddie’s side and instead begins a hasty and torrid romance with Anatoly...
...Bacon), has as lifetime loyalty to his boss. Since the resignation, he has become a fretful coach and father figure to Nixon, encouraging him to be strong, insisting an interview be stopped at the first sign of Nixon's vulnerability. All these plot elements have some basis in fact. Morgan's one fanciful addition is a phone call Nixon makes to Frost, spilling out his guts, fears and resentments. In this scene above all others, Langella leeches into the president's anxieties, and summons much of the angry power of the private man - or at least our image...
...presents a three-count indictment - still a thrilling TV frisson. Nixon does say he let the country down, but couches his confession is so many subordinate clauses that he could leave the ring believing Frost's knockout was only technical. If the exchange lacks the score-settling flourish of Morgan's version, it leaves us with our abiding take on Nixon: Tricky Dick to the last...