Word: return
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Dates: during 2000-2009
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...Treasury Department says the TARP funds were never meant to solely prop up failing banks. In fact, officials say one of the criteria for getting funds under the TARP's Capital Purchase Program, in which the government injects money into a bank in return for preferred shares, is proof that a bank could survive on its own. While the Treasury is winding down some of its programs meant to assist the financial sector, it has no plans to end the TARP program early. The Treasury Department says it is still getting new requests from banks for TARP funds. (Small banks...
...Still, that doesn’t mean we should return to the days of divine right. There’s a way to conserve the idea of genius without succumbing to elitism. Rather than maintain the illusion that with due diligence anyone can be a superstar, we should argue that any of us could be the one harboring that hidden genius potential. Who knows who might be considered a genius retrospectively? Probably not the grind with the flashcards...
...strident. "The bonus bubble burst tonight," said Swedish Prime Minister Fredrik Reinfeldt, whose country holds the E.U. presidency. He said inaction on bonuses would be a "provocation in Europe, especially when set against a steep rise in unemployment." And British Prime Minister Gordon Brown said there would be no return to the bonus structure of the past. "I am personally appalled by some of the practices that have been going on at some institutions," he said...
...Months after my return to the States, I encountered my first Varma painting while flipping through my high-school art-history textbook. (My class never got to the section on Indian art, which wasn’t covered on the AP Exam.) I would come to blame artists like Varma for the exaggerated deference I’d witnessed firsthand in India. In a country with such a rich artistic tradition, I found myself asking: What compelled a Keralite to adopt a European vocabulary to produce something meaningful and aesthetically pleasing...
...returned to India this past summer, four years after my first, fleeting glance at a Varma painting, in a cliched attempt to reconnect with my roots. (The journey of self-discovery included a trip to the Government Museum.) At the same time, New York Times columnist and similarly second-generation immigrant Anand Giridharadas was completing a four-year tour of the country. Determined to steal my thunder, Giridharadas wrote about a transformation of the Indian population’s psyche. “They don’t crave our mayonnaise and khakis anymore... Indian accents are now cooler than...