Word: doneness
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...think the FDIC and Sheila Bair for the most part have done a pretty good job," says Dean Baker, co-director of the Center for Economic and Policy Research. "They haven't had great results so far, particularly with loan modifications, but they have been focused on the right things...
...What's more, to get many of these deals done, the FDIC has had to swallow the banks' riskiest assets. The FDIC now owns $15 billion in bank loans and other troubled debts, up from about $300 million at the end of 2006. In its most recent deal to sell California-based IndyMac to a group of private-equity investors, the FDIC agreed to shoulder as much as 75% of the bank's $16 billion lending portfolio in order to close the deal...
...Cinderella promise. Obama won't get the troops he wants for Afghanistan until they are done cleaning house in Iraq, a line of fine print that has been largely overlooked by escalation cheerleaders. Meanwhile, the incoming administration has indicated that the increase is only a placeholder until a comprehensive new strategy can be developed for the region. (See pictures of Afghanistan...
...Hesse results are mirrored in September, Merkel is likely to form a coalition with the FDP, in many ways an easier proposition than governing in grand coalition as she has done since 2005. But the strength of the FDP will make it harder now for Merkel to act quickly to counter the growing economic and financial crisis. The grand coalition of CDU/CSU and SPD unites the biggest parties in the center and the left of the political spectrum and has until now wielded sufficient power to pass laws in the lower house of parliament and then rubber stamp them...
...door. I walked out to the living room to find the apartment in complete disarray, as my family and other relatives who had taken refuge in our home rushed around gathering themselves and some belongings and headed to the door. I was told to get dressed immediately and, having done so, left the apartment with the others...