Word: deale
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That does not mean that the bank cannot play the Merrill card in the court of public opinion. B of A's CEO Ken Lewis has already made the case the Henry Paulson virtually forced him to close the Merrill deal because it was in the best interests of the country's troubled financial system. If that transaction is at the heart of B of A's capital shortfall, the firm has a legitimate argument that because it helped the government when it was in a jam, it is time for the government to repay the favor...
...that Senator Sessions is egalitarian." Echoed Senator Chuck Grassley, an Iowa Republican and another long-term member of the committee, "The reason it won't come up is because he has been a member of the committee for a long period of time, and he's showed a great deal of impartiality. And he doesn't hold any of those views." Even the committee's chairman, Vermont Democrat Patrick Leahy, welcomed Sessions: "I get along well with him. I've always kept my word to him and he's always kept his word to me, and that's the most...
...presidential candidate, Sherzai ticked all the boxes. He is Pashtun, the country's biggest ethnic group; as a tribal chieftain he has the necessary respect to deal with leaders of the Taliban insurgency devastating the south; and he possesses a national reputation garnered from his successful governorship. (Read "Why the Taliban Is Winning the Propaganda...
...Canadian government's bailout of Chrysler Canada the worst deal it has ever made? Quite possibly, some critics say, and more of the same is waiting just around the corner as General Motors prepares to ask that country's taxpayers to fork over a similar amount of money in a few weeks' time...
...payroll. That's 15% more than the $295,000 per employee that Washington is shelling out to save about 40,000 Chrysler jobs in the U.S. "This money will never be paid back to the Canadian government," says Toronto auto analyst Dennis DesRosiers, with DesRosiers Automotive Consultants. "The deal has been spun in a positive way, but if taxpayers understood what's really going on, they would revolt...