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While some retail credit unions located in frothy real estate regions have suffered - so far this year, 16 have been taken over by the NCUA - they have in general held up better than corporate credit unions. Some of the nation's 28 corporate credit unions moved heavily into securities tied to mortgages, car loans and credit cards. That means they are now racked by the sorts of write-downs plaguing commercial and investment banks...
...managing editor was acclaimed for his fearless on-the-ground coverage of the Vietnam War for The New York Times and his criticism of institutional racism in the United States. The meeting last night marked the first public hearing on the issue since the measure was proposed in April, held by the city’s Government Operations and Rules Committee. City Council members voiced support for a compromise measure that would add “Halberstam” as an honorary name to the street but would leave the official designation as Plympton St. “The compromise...
...Wright and Max Kenyi put the Crimson up early in the period, but each time Northeastern was able to respond with well-planned plays of its own. The 64-62 advantage that the Crimson received after Wright’s first bucket was the first lead the team had held since they led, 17-15, with 9:18 left in the first half...
...Professors stood three-deep at the doors on both sides of the room and some sat on the floor at a meeting held just one day after the Faculty’s top deans sent a letter to department chairs freezing the salaries of all FAS professors and announcing a hold on the majority of the searches for new Faculty...
...Things don't appear to have gone well in the following days, however. On Nov. 10, Blagojevich allegedly held a conference call with his wife, close aides and a handful of Washington-based advisers in which he complained that the advisers were telling him he had to "suck it up" and give this "motherf_____ [Obama] his Senator. F___ him. For nothing? F___ him." At this point in the complaint, it's not clear whether Blagojevich, his advisers or any other representatives had actually approached the Obama transition team. Over the next two days, however, Blagojevich stepped up his efforts...