Word: waving
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...Only in April 1932, amid heavy political pressure, did the Fed attempt large-scale open-market purchases - its first serious effort to counter the liquidity crisis. Even this did not suffice to avert a final wave of bank failures in late 1932, which precipitated the first state "bank holidays" (temporary statewide closures of all banks...
...predicting a wave of bad debts will crash the Indian financial system and economy. That's because commerce on the subcontinent still runs mostly on cash. Dheeraj Dikshit, the head of consumer assets in India for U.K.-based bank HSBC, reckons that credit cards are used for only about 2% of all retail transactions. But cash-strapped consumers will still hurt economic growth. Many spend half their salary on car and house payments and will be forced to cut discretionary spending. Some sectors are already getting hurt. New car sales - 80% of which are financed - are slowing. Tata Motors reported...
...take personal precautions in unsafe times. This is partly achieved through simple steps such as walking with companions late at night or calling upon the complementary Harvard University Campus Escort Program (HUCEP) when alone in an isolated area. However, the Staff’s suggestion that this crime wave has come about primarily because of lack of attention by students to their personal safety ignores several key factors at play in this issue. First, the Staff glosses over the substantial role that the Harvard University Police Department (HUPD) does and should play in ensuring student safety. Rather than request that...
...number of Google searches for ‘moral hazard’ tripled in the last few weeks for a reason. Think of the precedent this would set: We’re enabling an entire prospective wave of pillaging, leveraging money-chasers, some of whom will no doubt imperil us again...
Kept up a drumbeat of criticism against Barack Obama and, to a lesser extent, Biden - but produced no sound-bite moment and was unable to rattle her opponent. Most dramatically, she charged that the Democratic ticket wants to wave a "white flag of surrender" in Iraq. Firmly hit her campaign's main themes (Obama equals higher taxes and Washington business as usual). Ably brandished the opposition research on Obama's record and promises...