Word: eagers
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Ramon Arias, executive director of Bay Area Legal Aid in Oakland, Calif., agrees, noting that he would "emphatically" welcome new associates with open arms. Still, Arias adds that his organization is so understaffed that an influx of young and eager associates could present an already overworked infrastructure with a host of logistical challenges. "A lot depends on our capacity to incorporate these lawyers in an effective way," he explains. "Who oversees employee benefits? What about health insurance? Bar dues? Nonpersonnel costs...
...whether Obama persuades or fails, Americans are listening to more than the faux-controversial snippets blared out on the Drudge Report. They're absorbing the serious arguments, weighing the options, taking the measure of a President who came across as confident, wry and eager to engage. (And who, yes, sometimes says dumb things and apologizes for them...
...uncharacteristic speed, the House passed a bill that would impose 90 percent surtax on bonuses paid to employees of companies that have received at least $5 billion in TARP funds if the employee's family income exceeds $250,000. In support of the bill, Obama said he is eager to receive legislation "that will serve as a strong signal to the executives who run these firms that such compensation cannot be tolerated." The Senate plans to vote on the bill this week...
...will only finance AAA-rated ABS. Investors are not given an incentive to purchase the riskier tranches. The result is that securitizers would have to keep the riskier tranches on their own balance sheet. And, given banks recent experience with this approach, it is unlikely that they will be eager to do so again. However, in the event a bank wishes to act as a securitizer, they will have no choice...
...Eager to stop more teams quitting the sport, and keen to make races far more competitive, international motor-racing bosses have instituted a slew of changes to Formula One for the 2009 season. The overhaul, agreed to by the teams in December, is designed to cut costs in the fantastically expensive sport by at least 30%. The drivers and cars that pull away in the opening Grand Prix in Australia on March 29 will have to make do with fewer engines to get them through the season, cope with a lower limit on engine revs and learn how to handle...