Word: congressed
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...seems improbable that GM could lose that many customers so fast. But, Rick Wagoner, recently departed CEO of the company told Congress last December that consumers won't buy vehicles from a bankrupt company. Some of the people at the hearings figured Wagoner was bluffing, trying to convince Washington that a Chapter 11 filing would bring an end to the firm's ability to market its products because customers could turn to cars made by competitors which were in reasonably good financial shape. But, most research done recently indicates that Wagoner was probably right, at least right enough that...
...could force some troubled firms such as Bank of America, Citigroup and Wells Fargo to go back to the government for another round of financing. That could create another problem: There's just $135 billion left in the Treasury Department's Troubled Asset Relief Program, so an increasingly cantankerous Congress could balk at being called on to pony up more funding for the program. (Read "Separating Toxic Assets From Legacy Assets...
...Congress is currently considering a law to end this sordid trade. The Captive Primate Safety Act, approved by the House of Representatives in the wake of Travis’s attack, is now awaiting a vote in the Senate. It would prohibit the interstate transport of primates and should be swiftly approved...
...Gandhi, whose two sons, in turn, left legacies at odds with each other. The older son Rajiv, succeeded his mother as prime minister shortly after she was assassinated in 1984. Rajiv was later murdered in a 1994 terrorist bombing and his Italian-born widow, Sonia, now leads the ruling Congress Party. Rajiv's younger brother, Sanjay, however, had been their mother Indira's favorite and had been viewed as her heir apparent until his sudden death in a plane crash in 1980. Sanjay's widow Maneka is now Sonia Gandhi's implacable enemy. Maneka and her son Varun...
...many Hindus would not have approved of. Priyanka Gandhi, Sonia's daughter, said that her cousin Varun's comments were against the traditions her family had "lived and died for." There might have been a bigger political spectacle if Priyanka's brother Rahul had been entered as a possible Congress candidate in the coming elections, but their mother nixed that suggestion. (See pictures of Sonia Gandhi's India...