Word: allowables
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...prohibits Citi from paying dividends of more than a penny per share for three years without approval from Treasury, the FDIC and the Federal Reserve. If Citi goes out and raises more money on its own through a common stock offering, there's a greater chance the government will allow for a larger dividend to be paid. That would be nice for shareholders. And right about now they could use a little nice...
Earlier this month, the insurance company WellPoint announced a program that will allow employees of a Wisconsin printing company to get coverage for non-emergency surgeries in India. It's a first for WellPoint, but puts the insurer in good company. Over the past few years, some U.S. insurance companies - dismayed at losing income from uninsured Americans who get cheap surergies abroad or clients who choose to pay out of pocket for discount foreign surgeries rather than expensive in-network co-pays - have announced plans to include foreign medical procedures among those covered by health plans...
...this as an effort to ask cross-cutting questions.” said Sampson. “It will serve as an incubator for new ideas and allow us to explore research...
...also voted 24-2 to allocate $800 to hire a lawyer to examine the legal implications of using Slingboxes at Harvard. Slingboxes would allow students to access cable television on the Internet...
...seems doubtful that Chávez, whose second and final six-year term ends in 2012, emerged with sufficient palanca, or leverage, to again seek a constitutional amendment that would allow him to be re-elected indefinitely, without risking a dangerous national uproar. Critics see his effort to nix term limits as a veiled bid for a Castro-style dictatorship - and even supporters suggest that with oil prices plummeting, battering an economy already hit hard by inflation, Chávez should set other priorities. What's more, now that the U.S. is about to replace Chávez's archenemy...