Word: wall
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...because it helped people buy homes they couldn't really afford. Anyone who doesn't understand that it's a bad idea to push people into buying houses when they're not ready to hasn't been paying attention for the past two years. (See pictures of TIME's Wall Street covers...
...world economy is showing signs of recovery, stock markets are soaring and bankers are again awarding themselves big bonuses. But one year after the financial conflagration that devastated Wall Street and burned financial institutions around the globe, the main firefighters - central bankers, market regulators and government policymakers - continue to struggle with a central question: How do we prevent it from happening again...
...Andreas Schmitz, head of the Association of German Banks, says "it's not up to the state to decide what banks pay their employees or managers." But like other issues on the table in Pittsburgh, this is a battle bankers are likely to lose. In a speech on Wall Street on Sept. 14, the anniversary of the failure of Lehman Brothers, President Barack Obama warned the banking industry not to fight reform. "We will not go back to the days of reckless behavior and unchecked excess at the heart of this crisis, where too many were motivated only...
...biggest Hollywood blockbuster can't compare to rainy season in Asia. The air around you suddenly thickens. The sky blackens and crackles with lightning. Then comes the rain, humbling in its ferocity, crashing earthward as a near-solid wall of water. I live in Bangkok, where the monsoon is now reaching a crescendo, and every day I watch the greatest show on earth through my office window...
...Holding Wall Street Accountable...