Word: heade
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...executives from firms such as Citigroup, JPMorgan Chase and Wells Fargo were invited to a meeting at the Treasury Department for a little pep talk about increasing the number of loan modifications. Officials at Treasury, along with the Department of Housing and Urban Development (HUD; co-host of the head-knocking session), have been underwhelmed by the rewrites. The government's original goal was to get more-affordable monthly payments to 3 million to 4 million borrowers. As of mid-July, modification offers had gone out to 350,000 borrowers, but only 180,000 trial mods were under way, according...
...remain unresolved. The continuing uncertainty over what the final plan will do, and to whom, helps explain why public doubts are growing. A new TIME poll reveals that 46% of the nation approves of Obama's handling of health care - exactly the same percentage that disapproves. Lawmakers will soon head home to face voters without answers to many of their most basic worries: Will taxes go up? What treatments will be covered? Will there be a new, government-run public plan like Medicare? What new requirements will it put on businesses and individuals? What new sacrifices will Americans have...
...increasingly harsh security crackdown - several protesters, including the son of an adviser to the conservative politician Mohsen Rezai, died in detention from injuries sustained during a July 9 protest - has sharply divided the population here between the dwindling numbers who defiantly still head to the streets and the vast majority who watch from the sidelines. Among the demonstrators, by now whittled to mostly students or recent graduates and those living on modest incomes, there are frequent mentions of democracy, human rights, the release of political prisoners, even the overthrow of the entire regime. But taken as a whole...
...particular, the gang of security chiefs, or the "New Right" - including just-ousted Intelligence Minister Gholam Hossein Mohseni-Ejehei, commander of the Basij paramilitary Hasan Taeb, and head of the Revolutionary Guards Major General Mohammad Ali Jafari - may seek to further militarize the already repressive regime. One fundamentalist group linked to the Basij paramilitary force has gone public with plans to wrestle power from Ahmadinejad by advancing its own "desired Cabinet lineup." The spokesman, Lotfali Bakhtiari, said in an interview published in the newspaper Khabar, "Our organization intends to become the government's think tank. We want to introduce...
...time opposition leader Mir-Hossein Mousavi arrived at the cemetery on Thursday afternoon, thousands of protesters were there, swarming around and chanting, "We support you." Another presidential candidate turned opposition head, Mehdi Karroubi, planned to join Mousavi, but it was not immediately clear whether he was in attendance. The crowd began chanting, "Neda is not dead; the regime is dead," and "Death to the dictators!" One witness said rocks were thrown by protesters as they defied orders by the security forces to disperse. Several were arrested, including the political activists Saeed Shariati and Shayesteh Amiri and filmmaker Jafar Panahi, according...