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Street Fighters: The Last 72 Hours of Bear Stearns, the Toughest Firm on Wall Street By Kate Kelly Portfolio; 247 pages...
Bear stearns was our warning shot. Back in March 2008, when the 85-year-old investment bank collapsed, we didn't yet know how common it would be for a financial firm to be brought to its knees over a panicked long weekend. The Wall Street Journal's Kate Kelly takes us inside Bear's last, dizzying days: the lawyers swarming the sixth floor, the pleading phone calls to investors for emergency billions, the sickening realization that a lifesaving loan from the Federal Reserve would last two days--not 28. Kelly flicks at Bear Stearns' backstory--how its eat-what...
...trillion from the national millstone of health-care costs, Administration officials say almost a third of those savings could be achieved by targeting Miami and other warped medical markets like it. Miami's inordinate health-care outlay - 20% more than the national average - "is not a pretty picture," says Kate Fitch, a principal and health-care consultant for the Seattle-based Milliman Inc. consulting firm and a co-author of its Index. That's especially true since Miami-Dade County also has one of the country's lowest median incomes ($43,495). "If the [Miami] area's practice patterns continue...
...economy, the shows have a hot-button appeal. Today TLC's shows make literal a cold truth: that deciding how many kids to have is about not just love but also money. (One side effect of the recession: vasectomies have skyrocketed.) No-nonsense Kate Gosselin of Jon & Kate--who had twins, then sextuplets, through fertility treatments--puts it plainly: "The cost of everything times eight is ridiculous." The Gosselins have defrayed those costs through corporate freebies--bikes, toys, personal services--and, of course, the show, which, Kate told Ladies' Home Journal, is "our family job." When hubby...
...will somehow meet. On the other hand: Just how do they plan to make ends meet? Aren't these just more overconsuming Americans in over their heads? What about the carbon footprint of all those diapers? (Hence TLC hooked up the Gosselins with solar panels in the special Jon & Kate Plus 8 Go Green...