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...agency has a credit line with the Treasury to tap as much as $500 billion in emergency capital through the end of next year. But the FDIC is worried that if the agency, which has always been privately funded through bank assessments, borrowed money from the Treasury, it would look like a new bank bailout, eroding the sliver of confidence the public has regained in our nation's banking system in the past few months...
...balance of the FDIC's fund by the same amount that it is boosted by the prepayment. That means, at least on the books, the net effect of the prepayment for the FDIC fund will be nada. So even with the $45 billion coming to it, the FDIC will look broke, and probably stay that way until sometime in late 2012. And that raises the question as to how much a boost in confidence the prepayment plan will be to the banking system. "Does it really spook people that the FDIC has a negative number?" says Miller. "To the public...
Check out the living ball of adorable fur, rollicking in grass that might as well wilt and die of shame from being in the same picture of Max and his lustrous black coat. Look at how he daintily lifts a paw, as his dark eyes sit like deep wells in the face of a poet. What a creature...
Fashion faux pas: Um, please go back to the look-my-cute-bangs-fall-in-my-beautiful-but-shallow-eyes look. The new slicked back hairdo doesn't do much for your uneven hairline, Nathaniel...
...decision will probably depend as much on politics in Afghanistan as on politics in Washington, especially given the disputed Afghan election. As President Bill Clinton said on Meet the Press: "I think that what the President has done here is not to dis [General McChrystal], but he's saying, 'Look, my responsibility is not just to win military battles, but to see that at least it's something bigger ... for ourselves and our security and for the people of Afghanistan. And I got to decide whether we got a partner there,' which means there has to be a functioning Afghan...