Word: hille
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...federal Oversight Board that would not only watch over the taxpayers' money but twist the arms of the company's creditors to get them to reduce their demands - essentially playing the role that a bankruptcy judge would if the company filed for Chapter 11. Almost everybody on Capitol Hill liked the idea, and the other two automakers endorsed it. But GM and Chrysler both say that because of plummeting auto sales they won't have enough cash to pay their bills by the beginning of next month, long before an effective oversight board could get up and running...
...lesson the CEOs had clearly learned since their last disastrous appearance on Capitol Hill was the need to present a better face to their plight. They all drove hybrid or fuel-cell vehicles from Detroit, in stark contrast to the corporate jets all three arrived in last month. Senator Richard Shelby of Alabama, the top Republican on the panel and a fierce opponent of giving them any aid, grilled them on their road trips. "Did you drive? Did you have a driver?" he pressed. "Do you plan on driving back...
...sizes. This scheme would keep most Detroit workers employed while avoiding the indiscriminate award of vast sums to the automobile industry. Most American-made cars are very good. New owners will presumably be pleased and for their next new car, be inclined to buy American again. Bart Varelmann, Spring Hill, Florida...
...Harvard fencing team last fall, both the men and women made good and sure the second edition of the competition brought no doubts as to who is the best squad in Beantown. The women repeated and the men won the tournament for the first time yesterday evening in Chestnut Hill, Mass., defeating MIT, Boston College, and Brandeis.The women started fast and finished strong, never winning by fewer than 13 bouts, besting MIT 22-5, BC 21-6, and Brandeis 20-7.The Crimson was led by solid performances from its foil fencers. The deepest weapon on the squad, the foil boasts...
...important factor. It seems unlikely that "the Sunshine Governor," whose popularity and approval ratings have eclipsed even Jeb's (though Crist calls Bush Florida's "greatest governor"), would want to move from the governor's mansion of the nation's new bellwether state to an opposition backbench on Capitol Hill. But Crist's national aspirations were on display this year when John McCain courted him as a possible running mate, and the governor's first term ends, coincidentally, after the 2010 election. Even if Crist decided to run for a second gubernatorial term that year, he would hardly welcome having...