Word: bankses
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Those airlines lacking resources and scale may have little choice but to yield to larger ones, analysts say. Alongside Air France-KLM - Europe's biggest airline and still a favorite to grab a minority stake in beleaguered Italian flag carrier Alitalia - and the ever growing Lufthansa, an enlarged BA and...
Danger-seeking was so popular that somehow pirates came back. Someone gave Don Imus a radio job. When investment banks crumbled, we decided to hand over $700 billion to Henry Paulson, who used to run an investment bank. It was the kind of year when a famous football player could...
Who wasn't taking risks? The banks. When the government gave them money to get them lending again, they pretended that they would hand it out as per the agreed-upon rules, and when no one was looking, they smartly held on to all of it, which we all know...
Among the top-tier performers are also, perhaps surprisingly, a number of banks. While it's true that plenty of finance firms have been absolutely clobbered - worst of all, nationalized housing giants Fannie Mae (down 98%, to $0.70) and Freddie Mac (down 98%, to $0.74); insurers AIG (down 97%, to...
Protestors vowed to carry on with nationwide demonstrations on Tuesday and Thursday. "We want reform to correct the problems in public education, but we won't accept this one in any form," warned student leader Alix Nicolet, who says students particularly hate Darcos' proposal to reorganize the final years of...