Word: shared
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Dates: during 2000-2009
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...Greenspan argued that institutions deemed “too big to fail” operate under an implicit subsidy from the government, since they would likely be rescued in a future financial emergency. This allows these banks to borrow more cheaply than their competitors and gain even greater market share. Today, four conglomerate banks (JPMorgan, Citigroup, Wells Fargo, and Bank of America) hold 39 percent of all domestic deposits. Placing this many eggs in four baskets will harm the entire economy should one mega-bank falter in a future downturn...
...first step in sorting through the puzzle behind last night's events: the three Election Commission resignations, the UC's failure to certify what was supposed to be a straightforward election, and the mysterious e-mail signed but retracted by McLeod. As we put together the pieces, we'll share what we know with you on TheCrimson.com...
What mattered was that for once, ten thousand men (women, and alumni) of Harvard wanted victory that day. A win would give fair Harvard not only a share of the Ivy League title but another year’s worth of bragging rights over Yale—a prize arguably just as coveted. If only for a weekend, Harvard had the same swagger and gameday atmosphere of schools like USC or Florida...
...soldiers - but since World War II, military trials have come to more closely resemble civilian trials. Different branches of the armed forces used varying military codes until 1950, when Congress enacted the Uniform Code of Military Justice, now the basis of the military-justice system. Under the code, defendants share many of the same rights as civilians, including the right against self-incrimination and guaranteed access to counsel. But important differences still remain: jury members are chosen by the officer convening the court-martial, and many military convictions cannot be appealed to the Supreme Court, as is the case...
...European scale. The big difference is we have no national VAT, or value-added tax. We rely on income and property tax for revenue, and our corporate tax is higher than that of most European nations. And yet our system is very progressive. Rich Americans pay a larger share of their income in taxes than the richest Europeans do. We have a low absolute level of taxation, but it's progressive by European standards...