Word: bankrupting
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...This represents eight to 10 percent of all the money left to allocate,” Wang said. “If we made this exception for everyone we would go bankrupt...
...break with protocol that has kept airlines from publicly criticizing one another, five profitable low-fare carriers have banded together to oppose a move in Congress to help out the industry's giants, including bankrupt United Airlines. TIME has obtained a copy of a letter from the five airlines to the Bush Administration in which they say that a bill to provide special pension relief to the major carriers (American, Delta and Northwest would be the main beneficiaries, along with United) is "selective subsidization" and "the worst form of intervention that wastes limited public funds and harms consumers." The CEOs...
...Where's all the money going to come from to pay for it? We can't keep adding to our growing deficit or this country will eventually bankrupt itself. We can't pay today's bills already. Why now spend for this "luxury" that we can't afford? This is nothing more than just pie-in-the-sky wishing. Bernard Graebener New Jersey...
...vows a top credit officer at one big Italian bank. But small and mid-sized firms will be hit too. "For family firms that need more capital to grow, this will be an important problem," worries Guido Corbetta, a professor at Bocconi University in Milan. Prosecutors probing the now-bankrupt Parmalat are increasingly focusing on the roles Italian and U.S. banks may have played in the affair. One potential winner: the Italian stock market. Family businesses have traditionally shunned it, but Corbetta believes firms with ambitious growth plans may now have little choice but to go public. French Smokers...
...presidential term from four to seven years - or lift the two-term limit. Allies and adversaries alike predict he will. SATELLITE STATES: Putin would like to pull back into Russian orbit the small nations that broke away from the U.S.S.R. in 1991. The prize: Georgia - tiny, strategic, near bankrupt and chaotic. One problem: the U.S. insists that it is committed to the country's independence and territorial integrity. CHECHNYA: A promise to crush the rebellion in the breakaway republic brought Putin to power in 2000. But guerrillas are still defying him: last week a suicide bomber brought mayhem...