Word: posen
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Dates: during 2000-2009
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...away from economies that are still badly in need of investment. Or if too many governments turn off the stimulus tap too quickly, global demand could fall sharply. "An unruly rush to the exits is no better in a global financial crisis than in a crowded theater," wrote Adam Posen, a member of the Bank of England's Monetary Policy Committee, in the Financial Times in September. (See pictures of retailers that have gone out of business...
...Alexandra Wilkis Wilson set out to re-create that élite, high-adrenaline environment with their members-only retail site, gilt.com Every day the site plays host to fashion sales, which, just like the real thing, fling open the doors to the current wares of a single designer?Zac Posen, Marc by Marc Jacobs, Donna Karan, Alessandro Dell'Acqua?at insider prices ranging from 50% to 70% off. All sales have a daily start time of noon Eastern and last for a breathless 36 hours. And, of course, only invited guests are privy. (Befriend a member...
...their liabilities. This story sounds grimly similar to the Troubled Assets Relief Program, by which the Treasury handed $700 billion to the nation’s banks with little positive result. The consequences of the Japanese—and hence our—rescue plan, according to Adam Posen of the Peterson Institute of International Economics, “is that the banks’ top management simply burns through that cash, socializing the losses for the taxpayer, grabbing any rare gains for management payouts or shareholder dividends, and ending up still undercapitalized.” A different course...
Miuccia Prada planted the seeds in her spring 2007 collection, sending down the runway two satin dresses the moody purple-blue of Van Gogh's irises. Since then, fellow designers Marc Jacobs and Zac Posen have filled their lines with shades of it. Nike, the Gap and even Cadillac are sporting its finery. And Michelle Obama certainly got the memo. She wore it to her husband's nomination ceremony and final debate and on Larry King Live--as did, come to think of it, Mr. King...
...financially as well. Summers told The New York Times he invested “a few tens of thousands of dollars.” Apart from Summers, other renowned figures who have given interviews posted on the site range from news anchor Jim C. Lehrer to fashion designer Zac Posen and from Supreme Court Justice Stephen G. Breyer to chef Jacques Pépin. The field of 83 experts—“well-known, well-respected, and influential,” according to Hopkins—counts 11 Harvard professors, including psychology professor Steven Pinker, law professor Alan...