Word: cashed
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...shutdown of four truck plants originally announced at the company's annual meeting in June. GM plans to raise another $4 billion to $7 billion by selling off assets like its Hummer brand. That is all part of the company's realization that it will be difficult to raise cash from external sources because of tight credit markets...
...John McCain was not the top fund raiser when the GOP race was competitive, and expectations of his general-election cash skills are low. But then, since he's opted for public financing, his needs are low too. "McCain only has to fund-raise through the convention in August and then he's locked in from then till Election Day," Blakeman said. "Not only does Obama have to get his message out, he now has to fund-raise every day for the next four months." By accepting public funds, McCain must abide by an $85 million cap on his spending...
...irony is that Lula might have a point. Players who play for Brazil's cash-strapped and poorly run pro clubs probably do want to play for their country more than those in the foreign legion. The European-based players have to shlep themselves all the way across the Atlantic every couple of months to join the national squad for World Cup qualifiers against lesser teams like Peru and Bolivia - and even if they make the trip, they aren't even guaranteed a game for a talent-rich squad of 22 of which only 11 can play. And then...
...conference call on Thursday, McCain's campaign manager, Rick Davis, released new fundraising numbers, showing that McCain had grabbed $22 million in June, his highest monthly haul ever. (By comparison, it matches Obama's May total, the Democrat's lowest of 2008.) That leaves McCain with $27 million cash on hand, which can be added to another $67 million from the Republican National Committee. Davis also dropped this claim: Between April and the end of June, the McCain campaign has outspent Obama nearly three to one on television advertising buys, though that statistic is sure to fall now that Obama...
...Olmert faces other suspicions, too. On Feb.17th, his lawyers will cross-examine an American multi-millionaire, Morris Talansky, who earlier told police that over the years he had given Olmert hundreds of thousands of dollars in envelopes stuffed with cash for campaign funds which were used for expensive items and vacations. Talansky also claims he gave Olmert loans which were never re-paid. Olmert denies the allegations but says that if he is indicted, he will resign. For many Israelis, sick of the scandal that has engulfed the prime minister for many months, that can't happen soon enough. Olmert...