Word: funds
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...been a great year for many mutual fund investors. Standard & Poor's Equity Research reports that 165 equity mutual funds are up at least 47% through Oct. 31, or at least double the return...
...Saakashvili said the big-budget film was not financed by the Georgian government. "We have enough trouble funding our local directors," he said at the Ukraine gathering, which TIME attended. But the author of the screenplay, David Imedashvili, tells TIME that the initial funding for the project came from a Georgian government fund. Projects like this, he said, give Georgia a rare chance to hit back at its bullying northern neighbor. "Georgia is a very small country, Russia is a giant," Imedashvili says. "It's idiotic to fight a war with Russia, but we have to do something. We have...
...million state fund that provides rebates to homeowners and businesses who install solar panels had been entirely disbursed in October after a mere 22 months, though the funds were expected to last up to four years...
...credit per new hire for small businesses, an idea that was dropped from the first stimulus because it would've been too easy for employers to manipulate by firing and rehiring workers. House Financial Services Committee chairman Barney Frank has proposed a $2 billion fund to help homeowners avoid foreclosure. In the Senate, Virginia's Mark Warner wants to use $50 billion in leftover bank-bailout funds for small-business loans (as of the end of October, the so-called TARP program still had $300 billion left). And Senator Jack Reed, a Rhode Island Democrat, has taken inspiration from Germany...
...Another factor driving the calls for a second stimulus is that nearly 90% of the original stimulus money targeted for infrastructure projects will have been spent by May, and the Highway Trust Fund could be running a shortfall in June, says House Transportation Committee chairman James Oberstar. "[It] means, unless we do something about it, we'll start losing jobs instead of creating jobs in the construction sector," he says. For that reason, one part of a proposed jobs bill would subsidize 30 states that are unlikely to meet their annual highway commitments next year and would...