Word: creditably
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...balance sheet of debacles caused by this economic crisis - the $700 billion Troubled Asset Relief Program (TARP), the stock-market swoon, the credit crunch and the ongoing global recession - $165 million is small change. But the revelations of the AIG bonuses, like nothing else, seemed to finally tip the mounting public furor over corporate malpractice into a full-scale rebellion. Yet Geithner, embarrassed for discovering the bonuses so late, plans to dock AIG that much out of the next $30 billion in bailout funding when it is delivered - which amounts to a mere 0.1% of the total AIG has received...
...questions have taken on greater urgency, since it turns out that AIG has become the banking industry's ATM, essentially passing along $52 billion of TARP money to an array of U.S. and foreign financial institutions - from Goldman Sachs to Switzerland's UBS. Those firms were counterparties to the credit-default swaps (CDSs) that AIG FP sold at least through 2005, and the companies were collecting on the insurance-like derivatives. AIG paid out an additional $43.7 billion to many of the same banks, which were also customers of the securities-lending operation run out of AIG's insurance division...
While six courses were approved for General Education credit late last month, one of the curriculum’s eight required categories now only lists one newly created course, and another still offers no new classes. As 1600 incoming freshman and approximately half of the Class of 2012 prepare to fulfill Gen Ed requirements, whether or not the nascent program has taken its intended shape remains in question. While two of the courses approved on February 26 are brand new, four of them are currently offered. There will be no changes to Government 20: “Introduction to Comparative...
...students see an opportunity here, much to their credit, to re–double their efforts–to start companies or join startups where just a year ago they would primarily have joined multinationals firms almost by default,” he said...
Under the Administration's proposed scheme, companies that produce carbon over the cap would buy credit from facilities that have modernized. The additional costs to businesses of the program, however, are more than likely to be passed on to the consumer, amounting to what some argue would effectively be a new tax on ordinary Americans. "That is a massive new tax. It's a tax on energy, and it will flow directly through to the consumer in the form of a national sales tax on their electric bill," Senator Judd Gregg, a New Hampshire Republican, said in questioning White House...