Several board members characterized the recent troubles as nothing more than growing pains.
Treasury Secretary Timothy Geithner diplomatically characterized the recent steps as "extraordinary" measures.
That doesn't quite align, though, with how others in the industry have characterized the recent consumer climate.
In an interview with Europe 1 radio on Sunday, the cardinal characterized the recent events as "a smear campaign".
The address by Mr. Pataki, who six years ago became the state's first Republican governor in 20 years, began with his asking Democrats and Republicans to rise above the bitter partisanship that characterized the recent national elections.
If they had operated on that basis a few years back, the indecipherable instruments that characterized the recent credit boom might well have received a much more skeptical reception.
Given the regrettable violations of academic freedom, especially in times of war and threats to national security, that characterize the recent century, it is certainly understandable how universities now are feeling skittish and vulnerable.
But, although many traders would disagree with these methods, it may not be entirely appropriate to characterize the recent sell-off as a "panic" given that valuations were arguably inflated to begin with.
"With a very busy market the temptation is there to keep a property off the M.L.S. to see if you can sell it yourself," said P. Gilbert Mercurio, the board's executive vice president, who characterized the recent rise in complaints as not quite an epidemic but "certainly a low-grade fever".
We aimed to characterize the recent dynamics of orchid distributions in Western Europe, in regard to (i) climate and land-cover changes and (ii) species' ecology (i.e. bioclimatic preferences and light requirements).
