Word: senior
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Dates: during 2000-2009
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Christopher Foote, a senior economist at the Federal Reserve Bank of Boston, who studied negative equity in Massachusetts during the late 1980s and early 1990s when home prices dropped 23%, argues that most walk-aways are likely driven by the combination of two things: both negative equity and an economic hardship, such as job loss. (See 10 ways your job will change...
Killing geese because they get in our way is a bit unfair. "You can argue that we created the environment they live in, so too bad if we don't like it," says Peter Capainolo, a senior scientific assistant at the American Museum of Natural History. Canada geese aren't the best neighbors, but that doesn't mean they deserve the death penalty...
...days. To get a free-marketeer's dissenting take on F.D.R.'s policies, we turned to Amity Shlaes, whose recent book The Forgotten Man argues that the New Deal not only failed to reverse the Great Depression but in some ways worsened it. TIME contributor Peter Beinart, a senior fellow at the Council on Foreign Relations, looks at how Roosevelt understood that he could not lead Americans into war until they understood that their vital interests were at stake, while fellow TIME contributor Amanda Ripley shows how Eleanor Roosevelt's agenda differed from her husband...
...memorial service was held in the central town of Bad Salzungen on Thursday for three young soldiers killed in an attack near Kunduz, in northern Afghanistan, on June 23. They were the latest casualties of a war that has claimed the lives of 35 German soldiers. At the memorial, senior Cabinet ministers went on the defensive, pledging that German soldiers would stay in Afghanistan. "We're in Afghanistan because we have to protect the security of German citizens in Germany," said Defense Minister Franz Josef Jung. But that message is hard to sell in Germany. A recent poll...
...June 30, the Administration imposed unilateral U.S. sanctions on two North Korean companies engaged in proliferation - sanctions that will "augment efforts to curtail the North Korean regime's ability to develop and sell WMD and missiles," says Bruce Klingner, former North Korea analyst at the CIA, now a senior fellow at the Heritage Foundation in Washington. One of the firms sanctioned, called Hong Kong Electronics and located on Kish Island, Iran, is alleged to have transferred millions of dollars of proliferation-related funds from Iran to North Korean companies already on U.S. and U.N. sanctions lists, according to the Treasury...