Word: oversight
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Dates: during 2000-2009
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...result was the growth of what's now often termed the shadow banking system of securitization and derivatives, which took over many of the responsibilities of banks but was not subjected to the same kind of risk controls or oversight. This process began in the 1970s, as the rigid New Deal approach of segmenting financial institutions into narrowly defined boxes began to crack under the pressure of inflation, globalization and floating exchange rates. The money market mutual fund, invented in 1971 as a way to get around federal limits on savings-account interest rates, was among the first of many...
...right to impose consumer protection rules. And in a struggle that has taken on special resonance this week, Commodity Futures Trading Commission chief Brooksley Born - a Clinton appointee - tried after the collapse of the hedge fund Long-Term Capital Management in 1998 to impose some kind of federal oversight on the over-the-counter derivatives market, and was thwarted by a less-than-holy alliance of anti-regulation types in Congress and colleagues in the Clinton administration who didn't want to see the CFTC get authority over a business then dominated by banks...
...rally in Tampa, Fla., McCain segued from prepared remarks on the uncomfortable matter of the Wall Street collapse (which he sometimes admits is the result of years of lax Republican oversight in Washington) and added comments on a much more rewarding topic: oil exploration. As he started on the subject, someone in the audience yelled, "Drill, baby, drill." To which McCain responded, "Right. Drill, baby, drill." To which the crowd responded, chanting, "DRILL, BABY, DRILL...
...Gates on Wednesday, when he officially gave up on the Bush Administration's tortured quest to purchase flying gas stations to replace the current fleet of KC-135 tankers, which average 47 years old. "How incompetent can the Air Force be?" Danielle Brian, head of the Project on Government Oversight, a private watchdog group, wondered following Gates' announcement. "Buying a tanker really shouldn't be this complicated...
...have set in place ethics laws, overseeing agencies and offices to make sure that never happens again in Alaska. So that's something we're very proud of. And we have allowed measures to be put in place now where we can prove very, very sound and strict oversight of oil and gas development so that we can prove to the rest of the nation that we are ready, willing and we are able to safely develop our resources. So that Alaska can be contributers, we can be producers, so we don't have to be takers from federal government...