Word: beginninges
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Pink (as in slips) is the new brown. This fall a number of economists began predicting that unemployment would rise to 8% during this recession, up from a reading of 6.5% in October. It would be the highest jobless rate in years. But put into historical perspective, that forecast isn...
Cushy government benefits are beginning to clash with the fearsome reality of explosive state and local deficits. "Towns are starting to fight back," says Edholm. "They're drowning, and they realize they have to do something about it." Many municipalities and a majority of states now face serious budget shortfalls...
Here's the math: Citigroup has, as Mayo said, about a $100 billion equity cushion, which could be wiped out if loans go bad. At the end of the third quarter, Citigroup had $17 billion in commercial mortgage bonds. According to Barclays Capital, the average CMB price has fallen 34...
Beginning of the 3rd quarter: the Bulldogs will get the ball first to open the second half. Christodoulou returns the kick to the 35, and we're underway.
At this week's summit of Tibetan exiles, Thondop, a member of Tibet's "royal family", as one young admirer described him, has become a symbol of a generational shift among Tibetans toward support of a free Tibet. "He was there in the beginning," says Tenzin Tsundu, a pro-independence...