Word: stockely
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...long from now, in June or July, Americans will get to take stock of a year's worth of economic carnage and a half-a-year of government effort to revive a moribund credit and financial system. If there are no signs of a recovery, tens of millions of people will experience a bewilderment which is entirely new to them...
Gordon arrived on Wall Street in time for the 1929 stock market crash. After leaving his first job at Goldman Sachs, Gordon purchased the stock brokerage firm Kidder, Peabody & Co in 1931 and led the firm through the Great Depression...
...help maintain current course offerings in a department with one of the highest student-to-faculty ratios in the Facultyof Arts and Sciences. In the past year, the department has faced a shortage of faculty, leading to the cancellation of smaller courses like Junior Seminars. Department Chair James H. Stock said that with the addition of Melitz, the department’s size “will be approximately constant for this year.” Course offerings are unlikely to see much growth because of FAS financial restrictions on visiting faculty and because some faculty members are on temporary...
...remarkable bit of salesmanship, Geithner has managed to package those findings as positive. Most of the banks can meet or beat the newly imposed government capital requirements on their own, either by selling off parts of their business, converting loans into stock or participating in the fledgling government-led effort to get toxic assets off their balance sheets. And those that are short on cash won't need more in total than the $110 billion to $135 billion the Treasury still has from the original $700 billion in TARP funds that Congress gave the Bush Administration for bank rescues last...
...three months after he rolled out his bank-rescue plan to disastrous reviews, Geithner, with help from Ben Bernanke and others, has bolstered the confidence of the banks, Congress, the stock market and much of the country. In an economy that runs on credit, that's half the battle. (See pictures of the dangers of printing money...