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...think Bernanke is in a very difficult situation. Too many bubbles have been going on for too long. The Fed is not really in control of the situation." - Paul Volcker, Fed chief from 1979 to 1987, on Bernanke and the Fed's response to the rapidly declining economic situation. (New York Times, January...
...Goldman Sachs (GS), Morgan Stanly (MS), and Deustsche Bank (DB). When the value of that paper fell, AIG was on the hook to pay off the "insurance" which kept the likes of Goldman from having to book large write downs. Those write downs might have pushed Goldman into a difficult financial situation. The same holds true for a number of the other companies doing business with AIG under similar circumstances...
...cancer survivor who has been through chemo-radiation therapy and surgery, I can attest to the myriad difficult psychological and social issues cancer patients have to grapple with. In my opinion, health professionals who are able to recognize that physical illness is often accompanied by complex emotional and spiritual challenges, and who can competently and sensitively address these concerns in order to take care of the whole person, are the most likely to achieve the desired clinical response with better patient satisfaction. Yang K. Chen, Englewood, Colo...
...don’t know about you, but I found it difficult to keep from rolling my eyes throughout the entire thing. And not because of what Penn said—I happen to be in complete agreement with him on this issue—but because it was clear that he believed that I (and the millions of others watching) had an obligation to listen...
While he acknowledged that finding “the right kind of tenants” in order to attract customers and foot-traffic is difficult given Allston’s current state, he said that filling property vacancies is crucial to improving the existing neighborhood and would not require expensive new construction projects...