Word: exiting
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...easy to say that because Citi and B of A are public companies that the government's shares can be sold. That will be nearly impossible. The minute the Fed signals that it is time for an orderly exit is the minute that other shareholders get panicky, driving the value of the firms down. In a vicious circle, the value of the government's interests get depressed by the fact that it would like to get taxpayers their money back. Even if the value of banks rise temporarily. taking the profits off the table will be problematic...
...Still, exit polls during the November 2008 election showed that only 10% of white Alabamans voted for Obama, compared with 19% for the 2004 Democratic presidential nominee, John Kerry. (John McCain won Alabama last November.) That's partly why many Republicans are salivating at the prospect of Davis winning his party's nomination. At the same time, says Glen Browder, a former Alabama Democratic congressman completing a book on the South's shifting racial politics, "a lot of Democrats are scared for Artur Davis to be the nominee," partly because Republicans will likely try to pounce on his connection...
...wonder we're all going over the edge. Maybe the crew were concentrating too much on their bonuses (their exit strategy), or maybe they just climbed into their boat the wrong way (conditions of entry). It's time we learned how to row boats again: backs facing the front and pull hard. David Jonnes, MARSEILLE, FRANCE...
...4/16/09 10:28 p.m.—Officers were dispatched to Rosovsky Hall to a report of an individual locked inside the building. Officers reported that the doors were padlocked from the inside. Officers informed the individual to listen to their knocking so as to find a way to exit the building. The individual was able to exit the building through the basement. 4/19/09 2:49 a.m.—Officers were dispatched to Boylston Gate to assist Cambridge Police Department officers with a report that an individual struck a shuttle bus window, causing damage. CPD informed the individual that...
Greg Fleming, former president of Merrill Lynch, is probably the highest-ranking Wall Streeter to make the move so far. Earlier this year, after Merrill was acquired by Bank of America, Fleming decided to exit the newly combined firm for Yale Law School. This semester, he is teaching a class that brings financial professionals to New Haven to explain the economic events of the past year - and the class is drawing praise not just from students but other teachers. (Read "Facebook's Latest Role: College Guidance Counselor...