Word: thrifts
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Dates: during 2000-2009
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...Representative in the 1990s, Mark Sanford often slept on an office futon instead of renting a Washington apartment. That kind of conspicuous frugality helped him get elected Governor of South Carolina in 2002. But a growing chorus of critics, including leaders of his own G.O.P., fear that his thrift has brought the state's economy to a standstill. This summer Standard & Poor's lowered South Carolina's coveted AAA-bond rating to AA+, citing unemployment of 6.3% and a per capita income ($27,172) stuck in the nation's bottom fifth. The state had just lost...
...First Couple of Arkansas, had somehow acted improperly while a real estate partner ruined a savings and loan institution that eventually cost taxpayers $47 million to bail out. The Justice Department is investigating the now defunct S&L and the Clinton partnership to see whether money from the thrift was diverted to support faltering real estate schemes, including a development company called Whitewater in which the Clintons had invested, and to finance politicians -- Clinton among them. At week's end the President decided to give Justice all personal documents related to Whitewater, a move that may satisfy investigators...
...exactly how much we had lost.'' Whether the Clintons actually lost their entire investment, however, remains in dispute. In recent weeks the Justice Department has been stepping up a three-month- old investigation into Madison Guaranty's collapse. One question that investigators want answered is whether the failed thrift received favorable
CHART: NOT AVAILABLE CREDIT: NO CREDIT CAPTION: THE DUBIOUS VENTURE During the 1980s, the Clintons were involved in an Arkansas real estate partnership with a crash-and-burn thrift-operator whose collapsed institution cost taxpayers $47 million. The Clintons deny any wrongdoing, but many mysteries endure, including how much they knew about their partner's activities and whether any of the S&L funds were diverted into the Governor's campaign coffers...
...should we primarily fund treatments and short-term cures, such as xenotransplantation, or should we fund research for preventive measures and long-term cures, such as stem cell technology? This question is at the center of today’s debate on biomedical budgeting, and Miller gives it short thrift. Still, Miller makes us ponder several sticky questions that face all of medical research, and learning them through xenotransplantation is at least an interesting path...