Word: givees
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Also, many private players plan to take advantage of federal financing programs, such as TALF (Term Asset-Backed Securities Loan Facility) and PPIP (Public-Private Investment Program), which will give them low-cost financing when acquiring troubled assets, making their potential returns even frothier. (See the top 10 financial-crisis buzzwords...
What suggestions would you give your successor? Luyolo Mkonto, JOHANNESBURG...
Americans are suckers for a good ranking. Give people a copy of the annual U.S. News & World Report on the country's best colleges and you'll have them gloating, sulking and arguing over the results for hours. Ditto for the various lists put out by the Princeton Review. (Should Penn State really be this year's top-ranked party school? What happened, University of Florida?) (See TIME's special report: The New Battle over Financial...
...White House officials have been downplaying the importance of a public plan, saying it is far more important to focus on the structure and the regulations surrounding the state insurance exchanges that would be created as the marketplace for insurance under a revamped health-care system. These exchanges would give purchasers of health insurance, whether they be individuals or businesses, an option of plans to choose from, all of them offering at least a minimum package of benefits and a guarantee against exclusion for pre-existing health conditions. White House chief of staff Rahm Emanuel has even gone...
...issue." Party officials refuse to be drawn on the details. There's no denying, though, that Lengsfeld's womanly attributes have turned the district of Friedrichshain-Kreuzberg into the most exciting constituency in the German capital and made the CDU the hot topic of the day. And that must give Merkel plenty to chuckle about...