Word: low-cost
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Also, many private players plan to take advantage of federal financing programs, such as TALF (Term Asset-Backed Securities Loan Facility) and PPIP (Public-Private Investment Program), which will give them low-cost financing when acquiring troubled assets, making their potential returns even frothier. (See the top 10 financial-crisis buzzwords...
...focal point of its opposition for the same reason. However, Obama has never presented the public option as anything other than a means to an end - one that he would be perfectly willing to achieve through other avenues if necessary. His goal is twofold: to provide a low-cost alternative to the private system that already exists and to assure competition in a health-care market where it is generally lacking. Though there are more than 1,000 private insurance carriers in this country, the dominant ones operate as a near monopoly in most states. (See the top 10 medical...
...time when almost every carmaker in the world is looking at making environmentally friendly vehicles, a little-known Indian company is jumping the queue by ramping up production of a low-cost electric car called the Reva...
...south of its Bangalore headquarters to mass-produce the Reva hatchback, a two-passenger city car priced at little over $12,000 that the company has been selling in India and Europe since 2001. When production begins next January, the new factory will be the world's largest for low-cost electric cars; annual capacity is expected to hit 30,000 cars within three years. "The opportunity today is very high," says Chetan Maini, Reva's vice chairman and chief technology officer. (See pictures of the world's cheapest...
...July 9 "Open Letter to UC alumni and friends," Richard Blum, the Regents' most recent former chair; Russell Gould, the current chair; Sherry Lansing, the vice chair; and UC president Yudof wrote, "The UC model - providing universal access to a top-notch, low-cost education and research of the highest caliber - continues to be studied around the globe among those who would emulate its success. And yet, this model has been increasingly abandoned at home by a state government responsible for its core funding...