Word: wednesday
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Dates: during 2010-2019
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...bailout has become one of the most enduring controversies from the financial crisis. On Wednesday, a congressional hearing again probed the moves and possible mistakes the government made when it rescued the insurer. At the center of the hearing, which was held by the House Committee on Oversight and Government Reform, were the payments that AIG made to banks that bought credit-default-swap (CDS) bond insurance from the firm. Members of the panel grilled Treasury Secretary Timothy Geithner, head of the Federal Reserve Bank of New York in late 2008, as to why he allowed...
...very clear that the New York Fed was preoccupied with looking out for the interests of Wall Street at the expense of Main Street," says California Congressman Darrell Issa, a Republican, who questioned Geithner and others on Wednesday. "Given the circumstances and the fact that they were dealing with taxpayer dollars, the Fed had an obligation to try and secure the best deal possible for the taxpayers and instead brokered a deal that helped the rich get richer and then tried to cover...
After administrators presented the plan to Faust last Wednesday, they determined the final details before the initial announcement was posted on the Harvard Gazette and HUECU Web sites Friday...
Giving a transformational presidential speech while trapped in politically toxic quicksand is no easy task. And as he mounts the rostrum in the House of Representatives' chamber on Wednesday night, the forces arrayed against Barack Obama - both real and those conjured by the politico-media maelstrom - are fierce...
Still, the White House is guaranteed about an hour tonight with all eyes on its star at center stage, when the Commander in Chief can tower over his opponents. If there is to be an Obama comeback in early 2010, it begins on Wednesday night. Here are the five metrics and tea leaves that will determine success or failure...