Word: lowing
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...confident but frequently wrong statements about everything from WMD to the inherent goodness of Vladimir Putin--and after former Bush press secretary Scott McClellan confessed the irrelevance of truth to his p.r. strategy--his television appearances are now widely ignored, and his approval ratings have touched an all-time low of 23%, according to a new TIME poll. His Treasury Secretary, former Goldman Sachs CEO Henry Paulson Jr., wasn't a much more compelling pitchman for near absolute power to help his former Wall Street colleagues; his public warnings that disaster was imminent but that the evidence had to remain...
...that message begins to get through over the next few weeks, this low point in finance and politics could be a starting point for national renewal. The plan's supporters hope that a swift injection of capital into the financial system will help Wall Street start over so it can once again lubricate the wheels of the national economy. And come November, Washington will get its own chance to start over...
...listing the corporate Hall of Shame. The misbegotten strategies include Staying the (Misguided) Course (Kodak); Misjudged Adjacencies (Oglebay Norton); and Fumbling Technology (Iridium). But most relevant to the current Wall Street subprime crisis is the Green Tree Financial Corp. debacle. The firm made trailer-home ownership more accessible to low- and middle-income consumers. At its pinnacle, the company financed more than 40% of trailer homes, many with mortgages for people with bad credit. In 1998, Green Tree was bought by Conseco for a hefty $7.6 billion; by 2002, Conseco had declared bankruptcy. "Green Tree was a house of cards...
...Rida--a once struggling rapper who exploded late last year with "Low," which became a No. 1 song for 10 weeks--to let me join his Poe Boy crew for his 29th birthday. As a gift, I brought him some Grey Goose vodka and Patrón Silver tequila. All the products name-checked in rap songs remove the stress from the gift-giving process...
...low draft pick, it was a pretty big deal to get invited because they only invite guys they think are worth trying to develop,” Haviland says. “It signified going from the 33rd round to them actually thinking of me as a prospect. It was a pretty exciting...