Word: america
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...opens the proceedings by telling the audience which scenes will be performed this evening - numbers 6, 79, 29, 22, 67 and so forth. "It seemed to us that these scenes, in this order, are wonderful," he says, while noting that they could easily change in the future. Just like America - always "under construction...
...that the Congress and Henry Paulson threw enough money into the path of the oncoming failure of the credit system to slow it down so that the government could properly go through the process of guaranteeing parts of the balance sheets of firms including Citigroup (C) and Bank of America (BAC). The initial TARP may also have provided time for the new Administration to put together its widely hailed bank "stress test" program meant to determine which of the big financial institutions have dysentery and which do not. Finally, the hundreds of billions of dollars that went into the largest...
...Banks stocks reacted to the news, which took the markets completely by surprise, by driving up Wells Fargo's stock by 32%. Bank of America (BAC) shares jumped...
...banking crisis may be over, but what is left is a reclamation job that will probably take years to complete, will still have a taxpayer price tag of over $1 trillion, and will leave America's largest financial firms as institutions of modest power and a regulated scope which will prevent them from looking anything like what they did two years...
...rating system that goes from G to NC-17 and beyond have transformed the world and the way it consumes and interprets information. The kind of violence that once shocked the audience of the Vietnam era is now funneled in all day and everyday. We live in an America where people will pay 10 dollars to watch a “Final Destination” movie and have a good time; for a little more, you can get video games in which you can deal drugs and kill prostitutes. We can sign up for breaking news updates on our cell...