Word: boarded
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...auto industry bailout saga is working its way up and down the supply chain. Shortly before Christmas, the Federal Reserve Board quietly provided $200 million of support aimed specifically at auto dealers, who have had a difficult time financing their inventories - forcing some of them out of business. The support is being administered through the Fed's Term Asset Backed Securities Loan Facility or TALF, which was created this past autumn to encourage banks to start lending again. To further help the dealers, the Fed eased the eligibility requirements so that inventory financing (and there's plenty of inventory...
...Caroline Kennedy is going to be the next senator from New York, so get on board now.” So spoke a top aide within the New York mayor’s office, according to phone records obtained by the New York Times. But the union leader on the other end of the line shouldn’t have been surprised to hear it. A number of influential sources, from politicians to journalists, have already pegged Caroline Kennedy as the front runner for Hilary Clinton’s soon-to-be-vacant senate seat...
...less traditional politicians. Five years before California voted for Arnold Schwarzenegger to be the “governator”, Minnesota elected Jesse “The Body” Ventura, a former professional wrestler, as its top executive. Now, more than a decade later, the Minnesota State Canvassing Board has declared that Democrat Al Franken, former comedian and Saturday Night Live writer, has defeated Republican Norm Coleman after a lengthy recount. We commend Minnesota for being prepared for close elections and for dutifully carrying out the recount in the face of a press frenzy. Hopefully other states will look...
...news office in November. Students not on financial aid will likely see a 2.9 percent increase in tuition, Tilghman wrote in the letter. This figure represents the smallest percentage increase since 1966. This increase, recommended by Princeton’s Priorities Committee, will pay for tuition, room, and board, Aronson said. The recommendation must be approved by Princeton’s Board of Trustees, who are responsible for fee packages. The biggest losers within Princeton will be tenured faculty and higher-level administrators, for whom salary increases will be capped at $2,000. Princeton’s scholarship budget...
...While leading IDA, the think tank assessed the wisdom of a multiyear contract for F-22 fighter jets while Blair was serving on the board of one of the F-22 project's subcontractors. The issue led him to give up his IDA post and the Pentagon inspector general to conclude he had violated conflict-of-interest rules...