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...invested in have fallen in the past two months, rendering the warrants worthless, at least for now. Some of the warrants may never have any value. Shares of Goldman Sachs, for instance, were trading at an average of $113 in mid-October. That means the stock would have to climb nearly 60% from its current $71 before the government would be able to turn a profit exercising its Goldman warrants...
Will this change in behavior last? Or will we return to our wastrel ways as we climb out of recession and the reality again sinks in that gas is cheap? The one sure way to prevent this second scenario from happening is not to let gas get cheap again. Yes, this is yet another plea for that hoary notion: a big energy tax. Just five months ago, we were essentially paying a tax of $95 per bbl. That's the difference between what oil cost then and what it costs now. This was a "tax" whereby the revenue went into...
This year has been a year of hope. Barack Obama was elected on Nov. 4, Roberto Bolaño’s posthumous estate produced another masterpiece, and Britney Spears has managed to climb out of the smut pages and into the Billboard 100 once again. It seems like anything’s possible! But not everyone is bathing in the good vibes, and they deserve to be represented, too. So here’s a look at two films and two books of 2008 that just love to hate. Films “Saw V:” Thomas...
...Obama team picked Garver to run the NASA transition, in part because of her deep pedigree and long history at the space agency, which saw her climb to the rank of associate administrator. But Garver started as a PAO - NASA-speak for a public affairs officer - and never got involved in the nuts and bolts of building rockets. She is best known by most people as the person who in 2002 competed with boy-band singer Lance Bass for the chance to fly to the International Space Station aboard a Russian rocket. Neither of them ever left the ground...
...read the dictionary front to back?JK: Yes! I still do. And collect dictionaries. It had a great influence on my writing.6. FM: What do you read, besides the dictionary, today? JK: I like to read about the lives of plant collectors and mountaineers. I like accounts of people climbing mountains though I myself do not want to climb mountains. Generally people who write about their adventures in mountains tend to be good writers. 7. FM: Why the interest in plants?JK: I’m a gardener. My name is even registered in a collection. It?...