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...with Lloyds, got a $25 billion bailout from the government in return for 43% of the combined group - was "profoundly and unreservedly" apologetic. And really giving it his all, Fred Goodwin, ex-boss of the Royal Bank of Scotland (RBS), rescued by British taxpayers last fall with an even bigger bailout, said he "could not be more sorry." (See pictures of London's financial crisis...
Krugman added that he thought that only a stimulus plan 50 percent bigger than the one proposed by the administration of President Barack Obama could rectify the self-reinforcing nature of the current economic crisis...
...current year. Visiting professors often patch up a department’s curricular weaknesses, and their relative absence will likely deplete the College’s course offerings for undergraduates. Given the comparative lack of faculty, students will be faced with the dismaying prospect of fewer seminars and bigger Core and Gen Ed classes next year...
...strike and were one of the first brigades to stop collaborating with the Shah's regime," he said, adding, "Back then, we had little pride. We really felt like the stooges of the U.S. Today, we are a proud people. At last we determine our own fate and the bigger powers just don't know how to deal with us." Then he asked a bystander listening in where he was from; upon learning the man was American, shook his hand and said, "Thank...
...Abbas did not go to Gaza during the fighting to show solidarity with its residents, or organize blood or food help for Gaza's victims. Says Diana Buttu, a lawyer and ex-adviser on the Palestinian team that negotiated with Israelis, "The problems of Palestine are much bigger than Fatah versus Hamas, but Abbas tried to turn it into that. He couldn't see beyond the petty differences, even as his people were dying in Gaza...