Word: reliefs
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Dates: during 2000-2009
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When Jacques Bailly won the Scripps National Spelling Bee as a 14-year-old in 1980, his first reaction was relief. After spending two grueling days onstage with 100 other young contestants sounding out words like schottische, mahout and elucubrate (the winning word), he recalls just wanting the competition to be over. But nearly 30 years later, he's back again at the World Series of spelling as the contest's official pronouncer. At this year's finals, which kick off May 26 in Washington, D.C., Bailly will read each word and provide its definition, origin and context. TIME spoke...
...Recently, Goldman Sachs, JPMorgan and others have said they plan to repay the tens of billions of dollars they received last fall as part of the government's Troubled Asset Relief Program (TARP) as soon as possible. Investors immediately cheered the news. Shares of Goldman and JPMorgan are up 80% and 117%, respectively, since the market bottomed in early March...
...best interest to educate all students to their full potential—it vastly improves their lives and grows our communities and economy.” Currently, undocumented immigrant children can only obtain permanent residency through their parents. The 2009 DREAM Act—or the Development, Relief and Education for Alien Minors Act—was first introduced in Congress in March with the support of senior Congressional Democratic leaders including Harry Reid, Dick Durbin, Russ Feingold, an Kennedy. The legislation would make illegal immigrant students who graduate from U.S. high schools eligible to apply for conditional permanent residency...
...this a sigh-of-relief rally, or is something positive going on with respect to the longer-term earnings potential of financials? I don't think this rally has much to do with the longer-term earnings potential of these companies. I think the move in financials, mostly over the last four to six weeks, is primarily a sigh of relief. To be more precise, it's about institutional investors repositioning themselves in these stocks. Last year there was a mass exodus from financial stocks, and not just the banks. There was just too much risk...
...days. On a Saturday morning, two thirtyish sisters who had been up all night partying slouched in the sun against one of many vacant storefronts lining Center Avenue. They said they were afraid they might be picked up by the police and tossed in jail. They laughed with some relief when reminded that the closest lockup, Big Horn County Jail, was now so overcrowded that it was turning away misdemeanor offenders...