Word: highes
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...many in the Administration the biggest economic concern is the country's stubbornly high unemployment. The best way to attack that problem is to stimulate small-business growth, but that won't happen as long as banks sharply limit lending to smaller companies. For their part, bankers feel they are responding prudently to a tough economy by tightening loan standards across the board. And while some of the biggest banks are healthy enough to pay back the government's emergency loans made from the Troubled Asset Relief Program, many smaller banks remain in crisis. So far this year the Federal...
...Obama will also criticize the banks for trying to derail financial-regulation reform, which passed the House last week but faces multiple battles after Christmas in the Senate. And he'll scold them for continuing to distribute high bonuses, especially when they reward excessive risk-taking. The senior bank executive at one of the banks meeting with the President Monday describes the process as a "public spanking" and says other than the public humiliation the Administration has little leverage. (See the top 10 crooked CEOs...
...testes and female ovaries that is linked to brain development and sexual behavior, may be somewhat neutral in nature, leading to what researchers call "status-seeking behavior." Under certain conditions, status-seeking could lead to increased aggression - in prison populations, for instance, where studies have shown that inmates in high-security prisons have elevated levels of the hormone - when fighting seems the only way to the top. (Read "Successful Traders: The Testosterone Effect...
...that is wrong with Division I college football. Until a few years ago, the Hurricanes had an all too often deserved reputation for thugball - a brash, smash-mouth style that mirrored the Miami Vice era both on and off the field. Some recruits had rap sheets longer than their high school transcripts. Whenever Notre Dame played the Hurricanes, Irish fans billed the game as Catholics versus Convicts. Sports Illustrated even urged UM's president in 1995 to shut the notorious football program down. (See a story about what's wrong with Notre Dame football...
Compared to high-profile groups like the Quechua of Peru and the Yanomami of the Amazon rain forest, Chile's Mapuche are a relatively obscure indigenous cohort in South America. But that has changed dramatically in recent months as a growing number of armed and masked Mapuche activists, pursuing a centuries-old claim to land they say was taken from them by the Spaniards and then the Chilean government, have engaged in a wave of arson attacks. Their assaults - torching forests, hijacking forestry trucks, seizing rural ranches - have created Chile's worst security crisis in decades. (See a story about...