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...American account holders. How are you doing in the war against fear? BAIR: We've undertaken a vigorous public education campaign about deposit insurance and our strong record of nobody ever losing a penny on their insured deposits in over 75 years. In terms of bank failures, we have dealt with a lot worse than this. During the S&L days, they were closing one bank a day for a while. As bad as things are, to some extent depository institutions have been a little bit insulated because there is a stronger system of regulation and capital standards...
...stimulus package, which could possibly be dealt with during the congressional "lame duck" session following the election - and faces longer odds in the Senate - could pour up to $150 billion into the economy in the form of massive construction projects, grants to states and additional aid for food stamps and unemployment benefits. Some are calling it "Plan C," coming in the wake of "Plan A" - the Wall Street rescue package - and "Plan B," the effort now underway to recapitalize ailing banks and get credit, the lifeblood of economic health, flowing again. Both of those plans are to be funded...
...there are no such blanket assurances for civic authorities and other institutions that lodged their money with Icelandic banks. The Local Government Association estimates that 108 local government councils have deposited $1.36 billion in Iceland. The councils' claims will be dealt with "case by case," said Hazel Blears, the Secretary of State for Communities and Local Government. She told the BBC that local councils had varying degrees of exposure and indicated that while some might require additional funding, others might just "need extra advice." "I'm not going to sit here today and say that in relation to individual councils...
...subtlety.” The most successful films were those that didn’t attempt to capture anything grand but instead focused on something quirky and interesting. But there were exceptions. Sharif Abdunnur’s film “Hot Summer in Beirut,” which dealt with the 2006 Lebanon War, garnered some of the loudest applause, demonstrating that it is possible to tackle larger issues within the limitations of the format. Lumen Eclipse’s aim is to “bring art to the streets,” according to Kate H. Hale...
...brand of humor impervious to any shifts is the fact that her best work—“The Partly Cloudy Patriot,” “Assassination Vacation” and her latest, “The Wordy Shipmates”—have dealt in her rich knowledge and extensive research of American history.“Assassination Vacation,” her last book, followed the arc of Vowell’s pilgrimage to the sites of three of America’s four presidential assassinations—those of Abraham Lincoln, James Garfield...