Word: heade
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...placed in a state-owned bad bank and sold back to the banks at a later date when a market for such assets reemerges. "This ensures that the shareholders and not the taxpayers have to bear the initial costs of the failure," says Dorothea Schäfer, DIW head of research...
...government wants the car companies to believe that it has put a Sword of Damocles over the head of the industry. If GM and Chrysler look up, they will see it is not really there...
...economic slump persists, companies are becoming stingier with the severance packages they offer laid-off workers. At the same time, more employees are asking their firms to tweak the terms of their parting pay - a shot to get more as they head for the door. "The packages are smaller than they have been, and that makes the need to negotiate more critical," says employment lawyer Robin Bond, "especially since you don't know how long it's going to be until your next...
...with guest appearances by U2. The other publications to which I subscribe have written reviews that left me wondering if the critics were listening to a different record. (To Rolling Stone, the album is a "5-star masterpiece"; to ENTERTAINMENT WEEKLY, an "A - "; and to the New York Times, "head-spinning.") Thank you, TIME, for your objectivity. Joe Martyn, Boston
...There is a tremendous sense of a new opportunity for progressives to make a fresh case for governing," says Will Marshall, a Third Way veteran and head of the Progressive Policy Institute in Washington. "But despite this wonderful sense of possibility, I think people are sobered by the magnitude of the challenges...