Word: bailouts
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...which has already provided $39 billion in emergency loans to shore up Eastern European economies, is discussing a regional bailout package. But the Fund is also struggling; with access to $200 billion in funds, its ability to step in is limited. "So far we've seen disappointing tendencies on the part of Western European governments moving in a more protectionist direction, which is worrying," says Christensen. "But the pressure is increasing on policy makers to find some kind of solution...
...discovering that there is still a glaring need for targeted low-income properties, for renters and owners alike. For that reason, housing advocates say the $10 billion in affordable-housing funds contained in President Barack Obama's economic stimulus package is as crucial as his more ballyhooed $75 billion bailout for homeowners facing foreclosure. "It's going to prevent a much greater crisis than we otherwise would have seen," says Jaimie Ross, affordable-housing director for 1000 Friends of Florida, a community-development organization. "Without it, our homeless rates would have skyrocketed this year...
Management at AIG has calculated exactly how much money the Treasury and Fed will have access to after all of the TARP, financial stimulus, and mortgage bailout projects have been funded. The insurance company then plans to ask for whatever is left to fund its deficits so that it can stay in business, effectively making the federal government insolvent...
...which country has the best bailout plan...
...Since it is almost certain that a large portion of the print news industry will be damaged by the recession and the internet, why is it being bypassed as a bailout candidate? The easy answer is that news will be available on the internet. But, since readers are less likely to be loyal to brands when reading news online than they are with print, that answer does not address the problem. Online newspapers face more competition on the internet than they do as physical products...