Word: chase
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...menacingly wielding baseball bats. The mascara-streaked faces and torn clothes are reminiscent of MJ’s “Thriller,” except these girls are a bit livelier. The emotional, “love bi-polar” brides are absolutely terrifying as they chase Alexander down an alley. I’m surprised the little boy didn’t start to cry. But please note, ladies: I do think that Katy Perry steals her boy back with her crazy dance moves. She’s particularly stellar when she is surrounded by her crazy...
...houses. It went into effect this month, but analysts warn that it won't stop the rise in foreclosures. An April report from the Congressional Budget Office (CBO) estimated that banks would refinance only about 400,000 home loans, possibly fewer. And in recent congressional testimony, officials from JPMorgan Chase said only about $2.5 billion of its home loans (some 14,000 borrowers) of the $845 billion in home loans it services would qualify for the program. Worse, warns the CBO, nearly one-third of borrowers who qualify for the new plan will end up redefaulting on their mortgages anyway...
...take partial ownership of nine leading banks and offer to buy pieces of hundreds of others. On Oct. 13, the nine bank bosses, assembled in the Treasury's imposing boardroom, were each handed a piece of paper with the terms: $25 billion of preferred shares each from Citigroup, JPMorgan Chase, Wells Fargo and Bank of America. In return for the capital, the U.S. would collect a 5% dividend in the first five years. Although Wells Fargo chairman Richard Kovacevich resisted, Paulson gave the bankers no choice. It's partial nationalization, although in announcing the bailout Oct. 14, Paulson deliberately avoided...
...find out how to do this, I called pollster Frank Luntz. He warned that in addition to excruciating boredom, I'd experience a lot of rejection. But Luntz said that when people turn me down, I should chase them and do a hard sell: "You say, 'Give me 15 seconds. From one human being to another, 15 seconds. I'm here because you're important. I'm here because you matter. They sent me here because you and the people who don't want to answer this question matter more to my magazine than any other Americans. Please teach...
...investors will get their first real look since the weekend at how much, if at all, credit has thawed. The rest of the week will bring a slew of economic reports - retail sales, consumer prices, housing starts - and corporate earnings, including those from financial firms such as JPMorgan Chase, Wells Fargo, Citigroup, Merrill Lynch and BlackRock. Will those reports send stocks soaring or back into the trenches? It's a great question - with an unknowable answer...