Word: dollarization
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...Wagoner's travel plans are still secret but he won't be traveling via corporate aircraft. Wagoner also said he was reducing his salary to one dollar and four other top GM executives agreed to reduce their cash compensation by 50 percent. Both Ford and GM also announced they plan sell their corporate aircraft...
...private car awaited to bring us to Chiappini manor. [1]After settling into our deluxe accommodations, we told the concierge of our night’s plans, and she replied, “Vinnie, stay away from That Murdering Place!” But our concierge be damned! Four dollar pitchers were too appealing to deter us from the dive bar that was actually the scene of a homicide two years ago. Chiappini had expected to introduce Bilotti to Bridgewater’s high-class escorts and sophisticated tycoons—or at least high school randos. Yet we only...
...stores such as Top Shop and H&M that offer high fashion at lowly prices. And the pound's weakness may yet boost tourism among foreign visitors hoping to snap up discounted goods at beneficial exchange rates. "The pound has declined 10% against the Euro and 28% against dollar compared to last year," says Elliott Frisby of the tourist authority Visit Britain. "There's never been a better time to holiday in this country...
...says that the price tag for keeping an addict in the program and off the street - approximately $300 a week - is far lower than what taxpayers would have to shell out if he or she were on the street. A 2004 World Health Organization report concluded that for every dollar invested in the HAT program, $12 is saved on law enforcement, judicial, and health costs. While both sides debate the issue, ultimately the decision on HAT's fate is up to the voters. If they reject the law, the program's future is hazy. And that's one scenario that...
...paying students might seem counterintuitive in a time of need, but tuition accounts for just 23% of Cal State's funding (even after a 10% hike last year). That's on par with Harvard, where tuition accounts for about 20% of the school's revenue - but there, a multibillion-dollar endowment makes up the difference. On average, tuition covers about half of total educational costs at public universities. (Read about colleges getting hit by the credit crunch...