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Management at AIG has calculated exactly how much money the Treasury and Fed will have access to after all of the TARP, financial stimulus, and mortgage bailout projects have been funded. The insurance company then plans to ask for whatever is left to fund its deficits so that it can stay in business, effectively making the federal government insolvent...
...about taking a larger position in Citigroup (C). Based on the market's reaction, not may analysts and investors believe that the action will solve much. The poison of bad investments is in the blood of the financial system. Quarantining Citigroup will not solve that problem. The Treasury and Fed will have to take a holistic approach which involves healing the entire financial system. It is not clear that can even be done. How it would be done is an even more complicated matter...
...heavy toll in civilian casualties. "We hope that it doesn't fail." Like many locals, he was antagonized by the Taliban's violent methods but supports the call for Shari'a law. "The real issue was the courts," he says. "It took too long to get justice. People are fed up with this system. It's also corrupt." (See pictures of Pakistan's militant challenge...
...involved more than the moving of great steam-powered digging machines. The most difficult task was quickly establishing what amounted to a brand new nation. Cities had to be built, diseases had to be eradicated, and thousands upon thousands of workers had to be shipped in, and housed, and fed, and entertained, and jailed, and cared for, and buried when that caring for failed. Greene sees the Canal Zone as a melting pot whose constituent pieces never quite came together; her book explores the racial and economic conflicts that arose as a result. It's a purposefully different sort...
...They’re not going to back down, they’re going to keep coming at us. And everybody knew that, so it was just a matter of responding.”The team’s opening came on the power play, when senior Kati Vaughn fed tri-captain Sarah Vaillancourt a pass in the Harvard end. Vaillancourt drove up the ice, slipped between two Clarkson defenders, and deposited the puck in the low left corner.In the last two minutes of the first period, sophomore Liza Ryabkina would add a goal of her own. Katharine Chute found...