Word: deale
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...TALF can reestablish liquidity for ABS in the secondary market, it is likely that investors, including hedge funds and private equity funds, could make a great deal of money. That could cause the public to question why a wealthy financial manager makes millions of dollars from the arrangement while the taxpayer gets very little. That may very well stir memories of excessive AIG compensation in a year or so. Ironically, the success of the secondary market may pose the greatest threat to its revitalization...
...Geithner caused himself so much grief by not being on top of the bonuses, even though many on his staff and on Capitol Hill knew for months they were coming. Clearly, Geithner is a busy guy, what with managing a collapsing economy, trying to restart the credit system and dealing with China, Europe and other representatives of the global marketplace as the recession spreads. And he hasn't exactly had an easy time hiring staff, with three top appointees withdrawing their names from consideration in the past month. "I knew that we had a big mess on the compensation side...
...Parliament is today here assembled to deal with this unfinished business of the nation, to remove a great stain from the nation's soul, and in a true spirit of reconciliaton to open a new chapter in the history of this great land, Australia." - Delivering a historic apology to Australia's Aborigines. (New York Times, February...
...NATO peacekeeping forces (KFOR) in Kosovo since 1999 had finished their work. Once Kosovo unilaterally declared independence from Serbia last year, Spain has been looking for a way out - in part because Spaniards don't recognize an independent Kosovo and also because they have their own separatist issues to deal with at home, in the form of Basque and Catalan nationalism. "The mission has been completed, and it's time to return home," Chacón said. The men and women in uniform greeted the announcement warmly. But almost everyone else has seen it - though not necessarily the withdrawal itself...
...themselves - particularly between Arabs and Kurds. According to Gen. Caslen the Multi-National Division North Commander, conflict between Arabs and Kurds is "the most dangerous course for Iraq right now. It is very dangerous, very serious, and it is going to require a lot of action and transparency to deal with the issue." (See a month-by-month catalog of America's six years in Iraq...