Word: bailouts
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Members of the New York, L.A. and D.C. groups are actual movie critics, the employees of local (and a few national) newspapers and magazines - which means they should probably be petitioning Congress for a bailout. ("Senator, if we don't get money and job security right now, it could have a disastrous impact on American blurb-writing. Adjectives like riveting, blistering and unforgettable, not to mention all our cherished W's - warm, winsome, winning, wonderful - could simply disappear. And all that prose is produced right here...
Many factors weigh on the bond market, such as the falling price of oil - it closed at $43.52 per bbl. in Wednesday's trading - and the progress of the auto-industry bailout, not to mention every gasp from the housing market. And then there's the elephant in the room: the downward spiral of economic activity, including last week's chilling November employment report, which showed 533,000 more people out of work - "one of the worst ever," according to Morgan Stanley economist Ted Wieseman. As the various industry bailouts - banks, auto companies, credit unions and, next, states - seek...
...left in their environmental demands for the plan, a luxury Speaker Nancy Pelosi could afford since her large majority allows her to pass legislation over Republican objections. Senate majority leader Harry Reid's razor-thin majority does not, and now Washington seems once again on the verge of a bailout blowup that could shake the markets and the economy...
...late September, just after Congress defeated the first bailout bill, the IRS issued a notice to change that rule to allow banks to significantly lower their taxes when they purchase other banks. Now, after an acquisition, a bank can reduce its IRS bill by claiming that loans on the books of an acquired rival are worth far less than the previous owners thought, not a hard claim to make these days. The acquirer can deduct from its taxes the full amount of the write-down. Before it could only lower its taxable earnings by a small percentage of the write...
...Detroit With an entire region depending on the automobile industry, it is almost impossible for politicians to vote against another financial bailout [Nov. 24]. There is just too much at stake. Yet this is a crucial moment for car manufacturing, and governments have to ensure that auto giants like GM are aware they have to radically change their ways. Carmakers must be obliged to commit to developing greener technology, while U.S. carmakers in general have to finally realize that the big cars they have been building for decades are no longer what people want. Sebastian Sommer, GREUSSENHEIM, GERMANY...