Word: failings
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...Read: "How AIG Became Too Big to Fail...
...financial crisis, which has so far been mostly focused on the nation's largest banks, is entering a new phase. Around the country, dozens of banks are nearing insolvency or soon will be. On May 21, BankUnited, based in Coral Gables, Fla., became the 34th bank to fail this year. It is the largest bank bust in 2009. BankUnited had 85 branches and $8.6 billion in deposits. (See pictures of the dangers of printing money...
...believe that all proceeds from the highly priced tickets are donated. However, with an interpretation of honesty that Bill Clinton would be proud of, there are often no actual profits—and consequently, no donations. To market an event based on the assumption of charity and then fail to give away a cent is the peak of hypocrisy. Equally reprehensible is the tacit acceptance suggested by the administration’s failure to enforce these organizations’ promises. Commitments to charity must be genuine, not merely a form of image marketing. If student groups advertise a charitable cause...
...better advice to wash hands and cover up sneezes and coughs - and masks must be changed frequently to avoid contamination. Respirator masks, which have a tighter fit, filter 95% of airborne particles to give wearers better protection, so long as they wear them consistently - which most people generally fail...
...Iran, Netanyahu came away with an assurance from Obama that he would give Tehran until the end of this year to put the brakes on its nuclear-weapons program. If Tehran refuses to budge, the U.S. says it will push for sanctions. If those fail, Washington is keeping open the option of a military strike. Security sources tell TIME that soon after taking office, Obama urged the Pentagon to come up with a military plan to take out Iranian nuclear facilities in 2010, just in case. No doubt this pleases the Israeli Premier. As Israeli newspaper columnist Nahum Barnea wrote...