245 research outputs found
Tonkawa, OK
No full textPhotograph of North Hall, UPS, in Tonkawa, OK. Printed by CE Wheelock & Co., Peoria, IL
Guthrie, OK
No full textPhotograph of a bird's eye view of Guthrie, OK. Printed by CE Wheelock & Co., Peoria, IL. Published by FB Lillie & Co., Guthrie, OK
Guthrie, OK
No full textPhotograph of Southwestern Iron Works in Guthrie, OK. Printed by CE Wheelock & Co., Peoria, IL. Published by FB Lillie & Co., Guthrie, OK
Banking industry consolidation and market structure: impact of the financial crisis and recession
Get PDFThe number of U.S. commercial banks and savings institutions declined by 12 percent between December 31, 2006, and December 31, 2010, continuing a consolidation trend begun in the mid-1980s. Banking industry consolidation has been marked by sharply higher shares of deposits held by the largest banks—the 10 largest banks now hold nearly 50 percent of total U.S. deposits. However, antitrust policy is predicated on the assumption that banking markets are local in nature, and enforcement has focused on preventing bank mergers from increasing the concentration of local banking markets. The author finds little change over time in the average concentration of local banking markets or the average number of dominant banks in them, even during the recent financial crisis and recession when numerous bank failures and several large bank mergers occurred. Concentration did not increase substantially, on average, in markets where mergers occurred among banks when both the acquiring and acquired banks had existing local offices, though rural markets generally saw larger increases in concentration from such mergers than did urban markets. Although the structures of local banking markets, on average, have changed little since the mid-1980s, deposit concentration has continued to increase at the level of U.S. Census regions. As technology evolves and the costs of obtaining banking services from distant providers fall further, local market characteristics may become less relevant for analysis of competition in banking. ; Link to accompanying data file: http://research.stlouisfed.org/publications/review/11/11/1111dwd.xlsxBanking structure ; Financial crises ; Recessions
The federal response to home mortgage distress: lessons from the Great Depression
Get PDFThis article examines the federal response to mortgage distress during the Great Depression: It documents features of the housing cycle of the 1920s and early 1930s, focusing on the growth of mortgage debt and the subsequent sharp increase in mortgage defaults and foreclosures during the Depression. It summarizes the major federal initiatives to reduce foreclosures and reform mortgage market practices, focusing especially on the activities of the Home Owners' Loan Corporation (HOLC), which acquired and refinanced one million delinquent mortgages between 1933 and 1936. Because the conditions under which the HOLC operated were unusual, the author cautions against drawing strong policy lessons from the HOLC's activities. Nonetheless, similarities between the Great Depression and the recent episode suggest that a review of the historical experience can provide insights about alternative policies to relieve mortgage distress.Home Mortgage Disclosure Act ; Mortgage loans ; Depressions
Trials and tribulations of 'omics data analysis: assessing quality of SIMCA-based multivariate models using examples from pulmonary medicine
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The role of gene-environment interactions in lung disease: the urgent need for the exposome
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The Attempt to Author the World: How Intellectualism Denies the Individual
No full textAlthough primarily known as a feminist scholar and author of such works as She Came to Stay and The Second Sex, Simone de Beauvoir contributed heavily to French existential thought. The two writings upon which this paper focuses, The Ethics of Ambiguity and The Woman Destroyed, deal with the existential issues involved in human interactions and personal relationships. The Ethics of Ambiguity, famous as an exploration of the ethical code created by existential theory, begins with a criticism of Marxism and the ways in which it deviates from existentialism. Similarly, the first of the three short stories that make up de Beauvoir’s fictional work The Woman Destroyed follows the French intelligentsia and their similarities and digressions from Marxist and existential thought. In this paper, I seek to analyze Simone de Beauvoir’s criticism of Marxist theory in The Ethics of Ambiguity and its transformation into the critique of intellectualism found twenty years later in The Woman Destroyed. I will investigate Marxism’s alleged attempts to constrain the group it wishes to lead and the motivation behind these actions. Finally, I conclude with a discussion of the efficacy of fiction as a medium for de Beauvoir’s philosophy
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