Word: capitale
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General Motors is getting an even bigger boost. After GM collected $9.4 billion in federal loans last month, its finance arm GMAC, which GM jointly owns with Cerberus Capital LLC, got a Treasury Dept loan of $6 billion. GMAC has been hammered by both the sharp decline in sales of...
If the Senate were to pass the resolution, it would almost certainly pass the House - where leading Democrats like Barney Frank are pushing for stringent, spelled-out conditions - and then go to the President's desk for a veto, Democratic sources said. Even if Bush can do the honors before...
Ben Bernanke recently said that banks would need another large infusion of capital. Even he may not know how large.
There is little doubt that Obama's city background has shaped his policy priorities. Of all the candidates in the 2008 primaries, says Glaeser, "Obama was clearly focused on issues of the city, like the Harlem Children's Zone," a nonprofit antipoverty effort that Obama hopes to replicate in 20...
Al-Rubeiy isn't a top contender. He is campaigning as a member of the secular Iraqi National Accord Party, headed by former Prime Minister Ayad al-Allawi. It is a party that falls below the popularity of ruling Prime Minister Nouri al-Maliki's Dawa Islamic Party. Rubeiy believes...