Word: amounting
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...banks need an additional $75 billion in capital, is how the banks will get de-stressed. Originally, when Treasury Secretary Timothy Geithner announced the tests, he said they would determine how much additional capital banks needed to remain solvent, and the government would then provide that amount to the banks. Now the Treasury is giving the banks that are believed to need additional money, including Bank of America, Citigroup and Wells Fargo, until June 8 to come up with their own plan to fix their financial problems. (See pictures of the dangers of printing money...
...open-ended and will produce valuable funds even if the purchase of 45 Mt. Auburn never materializes. But this logic fails to consider that, while collecting $6 million from recession-pinched alums for the clear goal of a building purchase is difficult enough, trying to raise the same amount with only a vague appeal to “social space” would be flatly impossible...
Some of the victims have already been buried in accord with Islamic custom, Belquis Roshan, a woman on Farah's provincial council, told TIME by telephone. But if the higher total is confirmed, it would amount to the deadliest single attack on civilians since the American-led invasion that ousted the Taliban in 2001. Worse, it's part of a growing pattern. According to U.N. figures, 2,118 civilians were killed in conflict-related violence last year, a jump of nearly 40% compared to the year before. Of that figure, pro-government forces were responsible for 828 deaths...
...Nonetheless, the entire project of making the government social-network-friendly remains in its infancy. As it stands, the government controls about 24,000 websites but is only beginning to utilize the social-networking sites on which citizens are spending an increasing amount of their time. Yet the historic bureaucratic resistance to adapting to new media has clearly begun to fade, says Bev Godwin, director of Online Resources and Interagency Development at the White House. "I think you will see a huge increase in use across the government of social-networking tools," she says...
...Canadian government's bailout of Chrysler Canada the worst deal it has ever made? Quite possibly, some critics say, and more of the same is waiting just around the corner as General Motors prepares to ask that country's taxpayers to fork over a similar amount of money in a few weeks' time...