Word: terming
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Dates: during 1990-1999
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...Increasing student listenership is valued, but not key to the station's long-term survival," Vasan says. "We see our-selves as a commercial radio station in the Boston market filling a unique listening niche...
...were to allow students to have their own `shows' on any musical selection, our air would become fragmented, more so than it already is," Vasan writes. "This would reduce our commercial viability. In radio broadcasting, format fragmentation is extremely harmful for long-term viability...
...with Bill Clinton's sex life. Instead people were talking about the danger created when government backing for private lenders encourages them to take bigger risks--in search of bigger rewards. That danger was demonstrated in dramatic fashion when the Federal Reserve had to engineer the rescue of Long Term Capital Management, a high-flying hedge fund that as recently as August controlled high-risk, global investments worth more than $120 billion--enough...
Though the partners and investors in Long Term Capital are sophisticated and wealthy (the minimum price of admission was $10 million), Federal Reserve officials feared letting them go bankrupt. So many of the nation's biggest banks and brokerages had loaned so much money to Long Term Capital that its collapse could have severely damaged those lenders, forced a spiral of securities sales and shaken confidence in the already wobbly world financial system. Long Term Capital, if not exactly too big to fail, loomed too large on the balance sheets of institutions like J.P. Morgan and Merrill Lynch...
...deal, and that the $3.5 billion in rescue capital came from 16 large banks and brokerages, rather than from taxpayers. Yet the critics pointed out that the rescuing banks are backed by taxpayers through federal deposit insurance. Moreover, they enjoyed that federal backing while throwing the money at Long Term Capital that enabled it to pursue its exotic--and, for three years, very profitable--speculations. "Why should the weight of the Federal Government be brought to bear to help out a private investor?" demanded former Fed Chairman Paul Volcker. "It's not a bank...