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...trillion to support the economy through the Obama stimulus package, TARP, and the new mortgage assistance program. Among the clear winners in the frenzy to save parts of American industry are financial firms and the car companies. Aid may be extended to auto parts companies and insurance operators. The general rule of thumb is that the sectors of the economy that are considered "strategic" will get the lion's share of funding. Car companies are strategic because they employ so many people. Banks are in this category because the credit system cannot operate efficiently without them...
...plans to offer similar terms to both General Motors and Chrysler LLC, sources indicated. Officials from both companies, which together asked for more than $21.6 billion in loans last week, declined to comment on the Ford deal. Both companies are supposed to have deals with the union wrapped up by March...
...part, the UAW has obliged in an effort to blunt demands for even greater concessions from General Motors Corp. and Chrysler LLC, which have accepted government loans. Traditionally, the UAW has had better relations with Ford than with GM or Chrysler...
...United States Postal Service, the new stamp series pays homage to such civil rights giants as Oswald Garrison Villard, one of the founders of the National Association for the Advancement of Colored People, and assassinated NAACP official Medgar W. Evers in addition to Houston. Though a more general release celebration occurred in New York City, Saturday’s Cambridge event, held in the Zero Arrow Theatre, focused specifically on Law School graduate Houston. Born in 1895, Houston served as the NAACP Litigation Director, pioneering a novel legal strategy for confronting the institionalized racism of the United States?...
...Motschwiller, who found the net himself with only nine seconds remaining in the quarter.The game concluded with three fourth-quarter Blue Devil goals and two Crimson tallies from junior Jesse Fehr and senior Jeff Wannop, to bring the final score up to 9-6 Harvard.“In general it was just a great team effort,” said Duboe. “We all controlled the game from start to finish and basically took care of the ball.”Senior co-captain Sam Slaughter echoed Duboe’s praises of his team...