Word: accountants
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...Federation of German Banks, which represents the main private-sector banks, has proposed something along these lines already. Rather than calling it a bad bank the banks call it a "mobilization fund." Each bank would park its toxic assets in an account with the government. This way the assets would be off the banks' books but each security would still be associated with its original owner rather than pooled together. "The mobilization fund is not about burdening the taxpayer with all the risks," Klaus-Peter Müller, head of the banking federation, told reporters...
...have spent more than $10 million from 2005 to 2007 on raids on California dispensaries alone. (Twelve other states have legalized medical marijuana.) Legal costs are almost impossible to calculate in the Golden State. "I suspect it's well above $10 million, and that doesn't even take into account the fee for the time it's taking me to defend these cases. The government doesn't have to pay for that, but it's certainly an expense," says Joe Elford, ASA staff attorney. "It's the beginning of the end, hopefully, and it will save the taxpayers millions...
Text for a Taxi. Rather than wait on a street corner for a cab in San Francisco, Washington, Dallas or 22 other cities, use Ride Charge to call a taxi via your smart phone. BlackBerry users must create an account, then summon a chariot by emailing get@ridecharge.com; iPhone users can just download the Taxi Magic app. The program gives you real-time updates on your car's location, when it will arrive, as well as the driver's name and car number. Plus, you can pay by credit card...
...doesn't NICE take into account other factors in its cost-effectiveness review, such as lost productivity to the workforce? The quick answer is that our statutory instruments specify that we [should not]. But if you give advantage to people who are economically active, it means you disadvantage the economically inactive - the elderly. That's something that British society would find difficult to accept...
...improvement on Bush across the board, but he hasn't faced any test that measures his ability to use power," Gelb says. Indeed, Obama's approach to Iran comes straight out of Gelb's chapter on "stage-setting" - preparing the field for successful diplomacy. Obama has worked the Iran account obliquely - beginning negotiations that might make the Russians a less willing enabler of Iran's nuclear program, approaching Syria in a way that might entice that country away from so close an alliance with Iran. He also made a direct approach to the Iranian people, taping a New Year...