Word: giants
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...furious? If not, you should be. The giant financial institutions that make up Wall Street have been bailed out, thanks to trillions of dollars of our money, and are on track to hand out record-breaking multibillion-dollar bonuses while millions of regular folks are hurting. Even outside the gilded halls of Wall Street, there's no shortage of good cheer: many economists say the Great Recession has ended, and Federal Reserve Chairman Ben Bernanke keeps seeing "green shoots" in the economy...
...capitalized and well run, say they didn't really need TARP money in the first place, that's more or less accurate. However, that doesn't mean that Goldman, JPMorgan and every other bank in the country weren't bailed out. Had the world economy melted down and more giant institutions failed, even strong firms like Goldman would have gone under. In July, Goldman acknowledged this, more or less, when it graciously - yes, graciously - paid a full price of $1.1 billion to redeem stock-purchase warrants it gave the government for lending it $10 billion of TARP money. (See pictures...
...Large container ships are also beginning to utilize the sun to help power them across the world's oceans. Cosco, China's biggest shipping company, has inked an agreement with Solar Sailor for giant solar sails to be retrofitted on some of Cosco's tanker ships. The solar wings would be almost 115 ft. long, and Solar Sailor expects the wings to start saving Cosco money after only four years. The Japanese company NYK Line launched the M/V Auriga Leader in 2008, the world's first cargo ship partly run on solar power. With 328 solar panels covering its upper...
...that nations with McDonald's locations do not go to war with each other - the so-called Golden Arches Theory of Conflict Prevention - although that thesis notably collapsed in the case of the 2008 war between Russia and Georgia. There are other signs that overseas resentment of the burger giant has softened. A McDonald's is slated to open in November in a shopping area beneath one of France's most treasured cultural meccas - the Louvre - but the news has hardly caused a stir in the City of Light. Bank employee Laurent Mortin told the New York Times he didn...
...known as an adjuvant, whose side effects are not yet entirely known. Then, after a report was leaked to the German media last week, the Interior Ministry confirmed that it had ordered a different vaccine, Celvapan, for government officials and the military. Celvapan, which is made by U.S. pharmaceutical giant Baxter, does not contain an adjuvant and is believed to have fewer side effects than Pandemrix. (See how not to get the H1N1...