Word: propped
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Dates: during 2000-2009
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...cost of stemming the financial crisis continues to soar. The U.S. Federal Reserve has already sunk more than $800 billion into the financial system; the Treasury Department is committed to the $700 billion bailout package in addition to the $200 billion being spent to prop up Freddie Mac and Fannie Mae; rescuing AIG may cost more than $120 billion. With the already lofty U.S. budget deficit now expected to top $1 trillion next year and recession a virtual certainty, you'd expect America's currency to be taking a beating...
...troubled banks helped propel stock markets worldwide to record gains Monday and Tuesday. For the first time in weeks investors dared to hope that the financial meltdown may be abating. But budding optimism in Europe and the U.S. may not travel far. Emerging countries lacking the financial muscle to prop up their economies still face troubles ranging from slowing trade to food shortages. "In many developing countries, the most urgent crisis is not what is happening in financial markets but what has happened in commodity markets," says Dominique Strauss-Kahn, managing director for the International Monetary Fund (IMF). "We must...
...market almost always operate on a flawed premise - that thousands of companies are moved by the same forces, and those forces create a cohesive narrative. In recent days, that premise hasn't been quite as far-fetched. As credit markets seized and governments the world round rushed in to prop up financial institutions, investor panic - and, on Monday, euphoria - swept aside most other concerns about companies' fundamentals. "It was indiscriminate selling," says Art Hogan, chief market analyst at Jefferies & Co. of last week's market activity. "It didn't matter what your company did. It was everything for sale...
...producers have to ‘de-beak’ battery caged chickens–searing off their beaks to stop the stressed birds from pecking each other to death. Both the California Veterinary Medical Association and the American Society for the Prevention of Cruelty to Animals endorsed Prop Two, citing the suffering caged animals endure when denied their basic instinct to move...
...struggled frantically – her wings flapping violently as he stood on her. Then the worker kicked her into the [manure] pit. I saw her struggle briefly in manure before sinking in.” Gemperle Enterprises has so far donated $216,288 to oppose Prop...