Word: nothingism
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Dates: during 2000-2009
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By the end of that crisis, GM and Chrysler had received a total of $64 billion, while Ford got nothing - though like other automakers, it is receiving federal aid to develop green technologies. (Read "Ford Family Values: Why the Automaker Wants to Go It Alone.")
Then again, decisions made by Congress, the Bush and Clinton administrations and federal regulators in the years before the crisis also played a key role in allowing things to get so bad. From ill-considered deregulation of banking and derivatives to over-the-top encouragement of home ownership, Washington's...
“Nothing. Nothing, other than Mike [Smith] sending out a notice saying there will be a meeting...There’s no transparency,” said Engineering Professor Frederick H. Abernathy, who expressed frustration at the absence of administrative outreach in the face of a gaping deficit...
His meetings with the National Economic Council and with President Barack Obama now in the rearview mirror, Stein has returned to his research and the slow, methodical pace of academic life. He will be teaching an undergraduate course on the financial crisis next semester, he says, and he will be...
Nevertheless, some Acehnese have rallied against the harsh bylaws voted in on Monday, saying that if nothing else, they violate Indonesia's constitution and several international human-rights frameworks to which the country has acceded. Indeed, Aceh's governor, Irwandi Yusuf, a former insurgency leader, has in the past expressed...