Word: bail
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Three cheers to Don Barlett, Jim Steele and TIME for so graphically illustrating the insidious influence and devastating effects of campaign contributions on politics [Big Money & Politics, Feb. 7]. It is shameful that lawmakers and Administration officials are so desperate for cash that they will work tirelessly to bail out a single wealthy donor at the expense of small-business owners. What we need is genuine campaign-finance reform, so that lawmakers can no longer be encouraged to give their votes to the highest bidders. We need to ban soft money, allow for public financing of elections and provide free...
...driver $50,000 to take the blame for a stolen pistol found in Combs' limo. As collateral, Combs dangled a $40,000 pinkie ring--a recent gift from girlfriend Jennifer Lopez. The driver declined. "They think money can buy them out of this," said prosecutors, requesting that Combs' bail be upped from $10,000 to $150,000. (A judge will rule on the request Feb. 22.) Combs and his attorneys did not comment on the bribery allegation. And the good news? Pinkie rings are back...
While the state is correct in refusing to put taxpayers' money at risk in guaranteeing these loans, we hope that the state will work hard to make Harvard's proposal happen. Of course, we know any bail-out plan must be accompanied by administrative reform if HPHC has any chance of becoming financially stable. The University should make clear that any investment on its part is contingent upon a reorganization of the HPHC's administrative structure...
Reilly on Friday said he favored this this new concept, which was put forward by University Vice President for Community Affairs Paul S. Grogan and university management. The Associated Press reported Reilly rejected an alternate plan, in which hospitals would bail out the HMO. Reilly said the plan for hospital-funded aid, which called for taxpayer-backed loan guarantees, did not provide a solution for potential future problems...
...idea of employers who use Harvard Pilgrim to bail out the HMO was hatched after informal consulation with the companies involved, Harvard spokesperson Joe Wrinn said...