Word: stockely
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...question from CNBC anchor Maria Bartiromo, who asked whether the media and financial markets were right to think that he had signaled the Fed was done raising interest rates. "He said, flatly, no," she reported on her program at about 3:15 p.m. the following Monday, causing stock prices to drop sharply before the market closed. He called that move a mistake and vowed not to stray from "regular and formal channels" of communication...
...first television interview since his appointment to 60 Minutes correspondent Scott Pelley. The last time a Fed chair gave a television interview was in 1987 when Alan Greenspan appeared on Meet the Press - an interview that was followed the next week by the largest single-day drop in stock market history. So why Bernanke's change of heart? He responded to that question quite plainly: "It's an extraordinary time. This is a chance for me, I think, to talk to America directly." Speaking with Pelley from the Federal Reserve and his hometown of Dillon, South Carolina, Bernanke said that...
...this point, the troubles in the sub-prime sector seem unlikely to seriously spill over to the broader economy or the financial system." - in a speech on June 5, 2007 just months before the economy and stock market began to tumble as a result of the sub-prime mortgage crisis (New York Times, August...
...boys for their forthcoming exam. Irwin’s presence in the play also sharpens the distinction between “The History Boys” and “The Dead Poet’s Society.” Although Irwin could easily be portrayed as the stock-character of a dispassionate figure against which the boys may rebel, he actually struggles with personal issues of his own. Hired to be the manifestation of the headmaster’s (James Smith) beliefs and expectations, Irwin is both annoyed and captivated by Hector’s eccentric teachings. However...
...Trading Stocks. Cash in your worthless Wall Street stocks for a Caribbean vacation. Elite Island Resorts will accept your devalued portfolio as payment for stays this year at any of their seven seaside properties. The resort will take up to $5,000 worth of any of the 400 stocks - including bank, retail and tech stocks - listed on its website and give you credit based on the stock's worth as of Oct. 31, 2008. The deal lasts through...