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...same time, campaign aides laid out benchmarks for success. "I outlined the campaign this way: We need to be tied before the conventions; we were," says Bill McInturff, McCain's top pollster. "We need to be ahead after our convention; we were. We need to be roughly tied at the debates." After that, however, McInturff told his candidate, the campaign was a "black hole...
...Barack Obama seemed at least a little more upbeat. In a statement, he noted that all four principles he laid out last week - increased oversight, taxpayer protections, a provision limiting golden parachutes and measures to help homeowners - were included in the bill. But he added, "When taxpayers are asked to take such an extraordinary step because of the irresponsibility of a relative few, it is not a cause for celebration...
...late Sunday at the latest, it was obvious that Fortis had committed a catastrophic folly. Less than a year after the blockbuster deal, the Belgian, Dutch and Luxembourg governments agreed to inject $16 billion into an ailing Fortis, laid low by ongoing uncertainty in global credit markets. In return for the lifeline, each of the three Benelux governments took a 49% share in Fortis' banking units in their own countries. The part-nationalization of Belgium's biggest lender, which, with a worldwide staff of 85,000, is Europe's largest to be bailed out so far since the credit crisis...
...after that? Think the unthinkable. On Sept. 18, Paulson and Bernanke laid out the dark scenario for stunned-silent congressional leaders: a stock-market crash, businesses going under, unemployment soaring, consumers unable to get so much as a car loan, banks failing so fast that they would quickly drain the federal deposit insurance fund--and with it, countless people's life savings. And unlike the chain reaction that came over the course of weeks and months in 1929, this one would happen in a matter of days, if not faster. "The chain reaction," said Paulson, "is quicker than...
...Anna, Lee and McBride have laid on so many miracles, the moviegoer runs out of patience. The film goes for broke and in the process breaks. It's too much and not enough. One could find a perfectly good movie, of normal length, by watching St. Anna on DVD and skipping the awful chapters to focus on the terrific ones...