Word: carly
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Dates: during 2000-2009
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...companies have begun a shopping spree triggered by their access to cash and an eye to assets in other parts of the world beaten down by the recession, the fight over whether some assets are "too big to be bought" is heating up. There have been rumors that Chinese car companies might bid for auto brands in the U.S. and Europe. China's sovereign fund may be a bidder for AIG's (AIG) huge airplane lease division ILFC...
...federal government will end up owning bits and pieces of businesses including banks, car companies and insurance firms as it puts money into industries weakened by the recession. The Achilles Heel of this investing strategy is that there is no central authority watching the "portfolio" and no publicly articulated statement about when the holdings will be valuable enough to sell. Essentially, the taxpayer has nothing to tell him about the planned returns on his investments...
Investments in the car and banking industries are long term whether the government likes it or not. The restructuring of those sectors may take years. Selling federal ownership in companies already weakened by the economy or a series of poor management decisions would undermine the public's tenuous trust in institutions such as GM (GM) and Citigroup (C). The American taxpayer may be faced with a decade in which there is no return for the government's assistance which was meant to keep critical portions of the economy from collapsing. (See pictures of TIME's Wall Street covers...
...Gist: That iPhone in your pocket? That's for sex. As is pretty much everything you've ever bought, from the car you drive to the T shirt you wear - or so says evolutionary psychologist Geoffrey Miller. From mating to marketing, Miller explores how everyday consumer choices subtly - and sometimes not so subtly - reveal society's misguided attempts at projecting four central traits (intelligence, conscientiousness, openness, agreeableness) to attract sexual partners. (See how Americans are spending...
...most theft-worthy holdings, of course, are the big guns: the Declaration of Independence and U.S. Constitution. But would-be thieves have their work cut out for them. Both documents-which were transported from the Library of Congress to the Archives in 1952 via armored car-are displayed in hermetically sealed cases filled with inert argon gas. They are periodically inspected for damage with help from an electronic imaging monitoring system created by the Jet Propulsion Laboratory-the same folks who send rockets to the moon. On view in the historic Rotunda for the Charters of Freedom, they are also...