Word: failings
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...Just like Detroit, Bank of America (BAC), and Citigroup (C), AIG is playing a game of chicken with Washington that the government does not feel it can afford to lose. Imagine what it would be like if all of these businesses failed at the same time. (Read a TIME story on why the government wouldn't let AIG fail...
...banks, most community banks were not big in the residential-mortgage business. Instead, they made a lot of loans to local developers. As the economy sours, more and more of those loans are starting to go bad. Some analysts have predicted that as many as 1,000 banks could fail as a result of the nation's economic woes. Many of those banks will be of the smaller variety...
...Politicians have every reason to want to see print media fail. That can be said tongue in cheek, but too many governors and congressmen have lost jobs after newspaper investigations to make the relationship between Fourth Estate and politicians a comfortable one. A neutered press would benefit a number of elected officials. That may be reason enough for them to stay away from providing newspaper and magazines with financial aid. The other obvious reason the government may be against putting capital into media companies is that it could give the appearance of politicians "buying" better treatment by the press. Since...
...adamant. "We can't afford failure in London," he said after Sunday's meeting. "We have to succeed and we can't accept that anyone or anything will get in the way of this summit, which will be a historic summit. We will be successful [because] if we fail there will be no safety...
...Addenbrooke's psychologists decided to try the device with their patients with memory loss. They found surprising results. While memory-impaired patients who take pictures with traditional cameras often fail to remember the photographed events or activities, those who used SenseCam, which has a wide-angle lens and takes impromptu rather than staged pictures, found their recall to be greatly enhanced. "This isn't rocket science and the device is quite simple but there's something about its spontaneous, wide-angle photographs that seem to mimic the brain's own episodic memory," says Emma Berry, a neuropsychologist working...