Word: federales
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The bank could also negotiate with the federal government to get it to convert its preferred shares to common. That would cause uncommon dilution which would almost certainly drag down the price of the bank's stock. (See pictures of the global financial crisis.)
Twenty-three years ago, the same committee he now leads on the Republican side rejected Sessions' nomination to the federal bench. President Ronald Reagan already had more than 200 conservative judges confirmed when he nominated Sessions, then the young U.S. Attorney for the Southern District of Alabama, to the U.S...
But Sessions' colleagues, for the most part, say he is a changed man. Senator Arlen Specter, whose defection to the Democratic Party opened the door for Sessions to move up, bent over backward on Tuesday to compliment the Alabaman, even though Specter was on the committee in 1986 and voted...
So it has gone in the first few months of the Obama Administration. At the new President's urging and by his example, the entire Federal Government has bounded into the world of social-networking. Twenty-five agencies now have YouTube channels. The Library of Congress has begun posting thousands...
"The whole pondering process - Should we do it? Should we not do it? - has been truncated because the White House is doing it," says Theresa Nasif, director of the Federal Citizen Information Center, which helps coordinate Web outreach. "It's very exciting to be in government."