Word: thirds
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Despite those numbers, the banking system is no longer at risk of collapse. Megabank JPMorgan Chase, for instance, announced on Oct. 14 it earned $3.6 billion in the third quarter. Most of the institutions in danger are small. But those failures are straining the FDIC, which underwrites the nation's saving and lending by insuring deposits. When a bank fails, the FDIC makes up the difference between what's left and what's owed depositors, up to $250,000 per person per bank. Two years ago, the FDIC had about $52 billion in its deposit-insurance fund. Today that fund...
Stocks continued their seven-month rally, lifting the Dow Jones industrial average above 10,000 points for the first time since last October. The symbolic milestone followed better-than-expected September retail sales and once troubled banking giant JPMorgan Chase's report that it earned $3.6 billion in the third quarter. Optimists considered the news an omen of improved economic conditions despite stubbornly high unemployment...
Because last year’s freshmen also won their event at the Carnegie Chase, this year’s boat was granted a favorable start ahead of Princeton. The rookies rowed well throughout the race but really began to put distance between them and their opponents in the third sector...
...Call of Service” Award and to give the associated speech as part of the University-wide Public Service Week, which concluded on Sunday. The week also included a number of volunteer opportunities and seminars, concluding with the celebration of PBHA’s third annual alumni weekend...
Farni went on to orchestrate Harvard’s third goal as well, which lit the lamp at 6:21 in the second. The blueliner sent a shot in from the outside, and Buesser was waiting in front of the net to slam the rebound past McGill netminder Taylor Salisbury...