Word: federales
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Santander would rather be profitable than interesting. Santander's U.K. profits for the first half of 2009 were up 33% from the year before, if you don't count acquisitions, and almost 63% if you do. It remains to be seen if Santander can work similar magic at Sovereign. Inciarte...
TIME has got to be kidding in naming Federal Reserve Chairman Ben Bernanke Person of the Year for 2009 [Dec. 28--Jan. 4]. In my opinion, the benchmark for this title must have been considerably lowered for this man to receive it. The choice of Bernanke is an insult to...
"It may not be President Obama's fault that our multibillion-dollar homeland-security apparatus is more Keystone Kops than 24 ... The Federal Government is (alas) a vast, ungovernable enterprise. And the bigger it gets, the less effective it will become ... [Still,] the President is in thrall to the illusion...
Three days after the attempted Christmas bombing of Northwest Flight 253, President Obama announced that federal air marshals would ride shotgun on more flights to and from the U.S. Armed, highly trained and unobtrusive, thousands of marshals are currently flying U.S. skies. But whether they can prevent airborne attacks is...
The Federal Government currently pays about 57% of all Medicaid costs, with the rest shouldered by states. But under reform, the Federal Government would eventually pay 82% to 95% of Medicaid costs for the 15 million people who would become newly eligible. At that point, the result would be a...