Word: bankes
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Companies, for their part, can be oblivious. "I was talking to a senior executive at a major bank, and he was very proud about their generous severance package," says Columbia's Brockner. "I said, 'That's great. What have you done for the people who have remained?' It was a conversation-ending question." The anguish may be real, but good luck talking about...
...with 15 minutes to play, he hit a floater in the lane to give his team the lead. Several possessions later, he dribbled around and hit a jumper from the key. Then it was a pull-up just inside the arc. Then two free throws, followed by a bank-shot. He followed that with another jumper, then hit both ends of a one-and-one. When his one-man run ended, he had kept the team close, as it led 54-52 with eight-and-a-half minutes left...
...Many people are now remembering that in Washington, bigger is hardly ever better. We're glad that then Treasury Secretary Henry Paulson's original $700 billion bank bailout was split in two, so that having apparently squandered the first $350 billion, we have a chance of getting it right the second time...
...Mitchell led an international fact-finding team looking into the roots of the Palestinian uprising known as the Intifadah. He drew a line connecting Palestinian anger to the spread of illegal Jewish settlements in the West Bank, and that line is still there, only more indelible. The leftist Hebrew daily Ha'aretz on Friday published a confidential report from the Israeli defense ministry stating that over 75% of construction in settlements ever built was done without the proper permits, and much of the building was carried out illegally on private Palestinian land...
...Friday, reports surfaced that Geithner was thinking about shelving the bad bank approach for now, and just moving forward with the loan guarantee program. If it does, Washington officials would not be alone. Last week, Britain rolled out its own loan guarantee program as part of that country's effort to help its struggling banks...