Word: capitale
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Whether it is practical to help people with troubled home loans one-by-one may be besides the point. The fight over the TARP will be vicious. Saying that taxpayers will get their money back by saving the housing market probably creates good political capital. (See pictures of the global...
Sitting on the government's side of the table in the talks with Bank of America are officials from Treasury, the Fed, and the FDIC. The deposit insurance agency does not have to capital to bail out a lot of big banks. It has to worry about work-outs for...
Once Congress does go along with letting Obama's Treasury Secretary have access to the $350 billion still left from the money that was allocated for the TARP, a great deal of it may be going right back out to banks. The forecast now is that Citigroup (C) could lose...
His death is a personal loss to TIME. Wickrematunge had been a freelance reporter for us since 2002, and I am the third South Asia bureau chief to benefit from his patient and perceptive explanations of Sri Lanka's complex history and politics. For 25 years, its government has been...
The evening of stand-up comedy is held in a room furnished for the AEA's more traditional meetings: ugly carpeting, stiff conference-room chairs and a screen for PowerPoint presentations. Not exactly the ideal setting, but as an audience member remarks, "This is the Carnegie Hall for economists who...