Those four words loomed large in 2008, as a crisis in the banking world threatened the global economy. Fears that the failure of large financial institutions would undermine the entire economic system led Congress to step in, passing a $700 billion bailout package.
Originally published on Wed October 23, 2013 4:32 pm
Call it a linguistic identity crisis.
Growing up in Westchester, N.Y., 25-year-old Danielle Alvarez says, she and her two siblings didn't have much need for Spanish. With few other Hispanic families around, she got by with the few phrases she had picked up from her Mexican-born father: good night, put a coat on, be careful.
Papers filed by prosecutors in Boston this week confirm that a friend of accused Boston Marathon bomber Tamerlan Tsarnaev told investigators that Tsarnaev took part in a 2011 triple murder in Massachusetts.