Hints and tips:
...In one of the show’s opening images, from Carrie Mae Weems’s “The Rivington Place Portfolio” (2006-7), the artist haunts the British Museum portico in a spectral black dress....
...Spaht led Thoma’s 2018 takeover of mortgage software specialist Ellie Mae for $3.7bn....
...An audit carried out by Jackson Family Wines showed that the production and transport of glass bottles accounted for almost half the company’s carbon footprint....
...“It’s like Reverend Jesse Jackson always said, baseball became a better sport after Jackie Robinson started to play.”...
...US-based visual artists Kara Walker, Fred Wilson, Carrie Mae Weems and Njideka Akunyili Crosby are all MacArthur “Geniuses”....
...Jackson Hole will be an important moment for markets if “Draghi or [Fed governor Janet] Yellen want to use it to send a message” about monetary policy, he said....
...In the US, the status of Fannie Mae and Freddie Mac and the community reinvestment act, were not determined by the Fed, which did not have the power to regulate the rating agencies....
...I admired Leanne Stojmenov’s Cinderella, elegant in drama and step, as, too, Kevin Jackson’s Prince, a portrait drawn with a fine Ingres-like line....
...First, some of the risk takers, notably the government-backed housing lenders, Fannie Mae and Freddie Mac, were “basically untouchable,” as Bernanke puts it....
...The easterly city of Dhahran, home to Aramco, Saudi’s national oil company, provides access to the alcoholic relief of neighbouring Bahrain, via a 15-mile causeway nicknamed the Johnnie Walker bridge....
...The US securitisation market is underpinned by Fannie Mae and Freddie Mac, government-backed mortgage companies....
...Jackson, the actor, joined in and posted a selfie from the course at Hoylake....
...Separately, Barclays on Thursday agreed to pay $280m to resolve a US lawsuit brought by the Financial Housing Finance Agency, the conservator of Fannie Mae and Freddie Mac....
...“Assets only recently branded as toxic are being heralded as potential saviours,” says Andrew Jackson, chief investment officer at Cairn Capital....
...just before the law passed, Mr Summers also called for “new measures” to make markets understand that no bank “is too big to fail”, and warned about the systemic risk from housing finance agencies Fannie Mae...
...The Fed’s plan is to buy mortgage-backed securities of the government-sponsored agencies, Fannie Mae and Freddie Mac, at a rate of $40bn a month....
...Waiting would let the Fed see payrolls data for August and September, formally update its economic forecasts, and use Jackson Hole to clarify where it stands....
...Freddie Mac and Fannie Mae, two government-policy-directed entities, lowered their standards for conforming loans so that more borrowers could qualify....
...Shares in the maker of Johnnie Walker whiskey and Tanqueray gin kept their gains in afternoon trade, rising 4.7 per cent to £11.70....
...In a speech at the Federal Reserve’s annual gathering of central bankers in Jackson Hole on Saturday, the managing director of the International Monetary Fund said policymakers on both sides of the Atlantic...
...Wise ministers now assume that everyone is keeping a diary to eke out their pension (“Keep a diary and it’ll someday keep you” – Mae West), and are appropriately cautious....
...Despite the steps that had been taken to support Fannie Mae and Freddie Mac, their condition continued to worsen....
...On the other hand, it was already clear by July that the US government was going to bail out Fannie Mae and Freddie Mac....
...If only Lehman had been saved and the stock market had not tanked, Michael Jackson would not have needed to commit to those 50 comeback gigs in London....
...“As severe as the economic impact has been . . . the outcome could have been decidedly worse,” Mr Bernanke told his peers at the annual Jackson Hole retreat on Friday....
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