Word: currented
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...rabbit hole and watch the parade of expensive, pampered flesh on the expertly produced Golden Globe show, I can thank the HPFA for aligning certain constellations - as when Sophia Loren, still statuesque and preternaturally well-preserved at 75, presented the Foreign Film award to Austria's Michael Haneke, the current dean of daunting drama, for The White Ribbon. The two shook hands, and the glamour and brains of a half-century of European cinema stood together. Haneke, usually dour, but now smiling, even thanked his wife and said, "I love you." (See pictures of a previous Golden Globes...
...steering some of its private-banking clients into Bernard Madoff's Ponzi machine through its Geneva-based Optimal hedge funds. It moved fast to make good, offering to repay 100% of the sums invested. Santander says 94% of its Madoff victims have accepted, costing the bank $648 million at current exchange rates. It also returned $235 million to the Madoff estate in a settlement of claw-back claims with U.S. trustee Irving Picard...
...ongoing parlor game in Madrid now is betting who's going to succeed Emilio Botín whenever he decides to step down. Santander was founded in 1857; a Botín has run it since 1920. Current chief executive Alfredo Saenz came to the bank when it bought Banesto in 1994, bringing the Parthenon operating platform with him. He's very smart and at most other banks he'd be a shoo-in. But Botín is a dynastic kind of guy, and his daughter Ana Patricia, 49, currently heads Banesto, which is still run as a separate...
...Many pundits have denounced the dramatic stiffening of rules, saying it has coincided with the conservative-led government's recent obsession with immigration, the place of Islam in French society and the current state of French national identity. Critics argue that conservatives are trying to stoke nationalist sentiment to gain the support of right-wing voters. "In recent years, France has stopped its offensive of exporting its universal values globally, and shrunk into a defensive position that views everything outside it as threatening and corrupting," Naulleau says. "That now even includes most foreign-born French people, though clearly...
...Federal Government currently pays about 57% of all Medicaid costs, with the rest shouldered by states. But under reform, the Federal Government would eventually pay 82% to 95% of Medicaid costs for the 15 million people who would become newly eligible. At that point, the result would be a huge public insurance program funded mostly by the Federal Government. By contrast, the public option - which exists in the current House bill but seems headed for a quiet death because of moderate Democrats' concerns that it would lead to socialized medicine - would have included no federal funding of benefits. Some health...