Word: america
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...losses would deal a blow to financial firms already struggling from rising delinquencies, and could force some troubled firms such as Bank of America, Citigroup and Wells Fargo to go back to the government for another round of financing. That could create another problem: There's just $135 billion left in the Treasury Department's Troubled Asset Relief Program, so an increasingly cantankerous Congress could balk at being called on to pony up more funding for the program. (Read "Separating Toxic Assets From Legacy Assets...
...Across America, 15,000 primates serve human masters as exotic pets. Only 20 states prohibit the practice, and there is no federal law against it. Given that primates often live beyond 50 years of age, many of these simian pets will be resold repeatedly, journeying in airplane holds across the country to enter new and unfamiliar homes...
...Like Clinton, Obama's first trip to a foreign country landed him just over the border in Canada. But this week's sojourn to England, France, Germany, the Czech Republic and Turkey is the President's first real chance to reset America's relationship with the global community. And while there's a chance that Obama's foreign tour might be overshadowed by recession-related news at home - summit meetings aren't as juicy as excessive Wall Street bonuses - he'll at least be further afield than the Panama Canal, the site of the first foreign trip by a sitting...
...America has always debated the primary source of its wealth: capital or labor. And in a way that happens more frequently in literature than in life, Rattner and Bloom are neatly drawn avatars for the opposing sides of that argument. As such, they make a complementary team to resuscitate the moribund automakers. Out of money and out of options, GM and Chrysler can be saved from complete dissolution only by a government effort to reconcile management, workers and creditors to a much-diminished future. If Rattner and Bloom can find common ground, perhaps those dueling interests...
...Help for the Afghanistan Surge Obama's new plan for winning the war in Afghanistan and Pakistan is sweeping and resource-intensive, and it cannot be accomplished by the U.S. alone. "As America does more, we will ask others to join us in doing their part," Obama announced last week. "From our partners and NATO allies, we will seek not simply troops but rather clearly defined capabilities: supporting the Afghan elections, training Afghan security forces, a greater civilian commitment to the Afghan people...