Word: stoned
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...Stone, a managing director at D.E. Shaw, said in a statement that while the firm was sorry to lose Summers, “we’re confident that the nation will benefit greatly from his economic leadership during a time when his formidable problem-solving skills are especially needed...
Members of the committee have not been set in stone, said Holoshitz, who is helping to organize the committee...
Leibovitz’s career began as an art student in San Francisco. In 1970, she began working for Rolling Stone Magazine and became its chief photographer soon after. Since then she has gone on to take photographs for Vogue, Vanity Fair, and advertising campaigns for American Express, Gap, and Louis Vuitton...
...president on both domestic and foreign economic policy. He will likely be working closely with Obama’s nominee for Treasury secretary, Federal Bank of New York President Timothy F. Geithner, who reportedly maintains an excellent relationship with Summers. The position is considered to be a stepping stone to the Federal Reserve chairmanship, which is currently held by Ben S. Bernanke ’75. Richard Zeckhauser, Summers’ close friend and colleague at the Harvard Kennedy School, said that when Bernanke’s term expires in 2010, Obama will likely name Summers to take his place...
...early 2008 bubbling property market, authorities conveyed to potential house buyers that they would be wise to hold off. "The government basically said, 'You'd be a complete idiot to buy an apartment right now because we're going to make sure that prices drop like a stone,'" says the investment bank analyst. "Now the government is telling them it's not just okay to buy, it would be a great time to buy and the banks will be happy to lend to you. Of course people will start buying again." In other words, having deliberately caused much...