Word: pathe
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...When people look back on the near-collapse of the banking system they may say that the Congress and Henry Paulson threw enough money into the path of the oncoming failure of the credit system to slow it down so that the government could properly go through the process of guaranteeing parts of the balance sheets of firms including Citigroup (C) and Bank of America (BAC). The initial TARP may also have provided time for the new Administration to put together its widely hailed bank "stress test" program meant to determine which of the big financial institutions have dysentery...
With Advising Fortnight nearly halfway over, Harvard freshman are now officially on the path to picking a concentration. But for the class of 2012, the choices available are a little different from years past—life sciences majors will find themselves with a new concentration to consider, while potential Classics concentrators will enjoy reduced requirements. Human Development and Regenerative Biology, approved by the Faculty Council last November, is the newest undergraduate concentration. A part of the Department of Stem Cell and Regenerative Biology, HDRB which will become Harvard’s ninth undergraduate concentration in the life sciences...
...candidate, Barack Obama campaigned on a moderate mix of increased border security and a path to legality for long-term residents, but the economic crisis has pushed immigration reform off the White House agenda. At the end of March, Vice President Joe Biden told a summit of Latin American leaders that "it's difficult to tell a constituency while unemployment is rising, they're losing their jobs and their homes, that what we should do is in fact legalize [undocumented workers] and stop all deportation." Congress is similarly disinclined to tackle the controversies of reform this year, so the near...
...South Africa Zuma's Path to Power Cleared South African prosecutors have dropped corruption charges against African National Congress leader Jacob Zuma, ending an eight-year legal saga in which Zuma was accused of accepting bribes to impede an investigation into a multibillion-dollar arms deal. The decision to drop the charges comes just two weeks before the country's presidential election, clearing the way for a near certain victory for Zuma. Members of the Democratic Alliance, South Africa's main opposition party, are demanding a judicial review, accusing prosecutors of "buckling to political pressure." Zuma, who had long called...
...government: minister of the economy, minister of finance and head of the Financial Services Agency, which oversees banking. Facing what he calls "the biggest economic crisis since the Second World War," Yosano, 70, peers into the ever-deepening chasm that is the Japanese economy and tries to construct a path to the other side...