Word: lucke
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...workers, and its bondholders, mostly banks and other large institutions, which are owed some $27.5 billion and by law are first in line to get paid back. It's fairly clear the Administration wants to make bondholders eat huge losses - or make them try their luck in bankruptcy court. "No bankruptcy judge is going to rule against GM and its plan. Not for labor, not for bondholders, that's for sure," says Lynn LoPucki, a bankruptcy expert at the UCLA School...
...After years of poor management or bad luck, GM and Chrysler have reached the point where they are not viable as independent companies. They need U.S. aid whether they remain "solvent" or have to get court protection. Almost every American has seen that news on TV or read about it in the paper. It will be hard to imagine what consumers will think when they find out that a company which was the largest corporation in the U.S. for years is bankrupt. It is like finding out that the telephone company has gone out of business. (Perhaps people actually...
...having remarried, Drake began trying for baby No. 3. She tried for three years, with no luck. At 30, she was diagnosed with premature menopause and, in an odd twist of fate, had to undergo fertility treatment to have her third child. It struck her as particularly curious, since her identical twin sister never had any fertility problems. (See the top 10 medical breakthroughs...
...Obama's goal is the have a unified position from the G-20, a position which he can take back to the business and financial communities and Congress, he has lost that battle before it began. He is, essentially out of luck before he boards Air Force One. (See pictures of Barack Obama's family tree...
...Lions’ runs with a fourth-inning homer. “After the second game, we were obviously disappointed,” co-captain Hayley Bock said. “We were hitting a lot of shots, but we definitely didn’t have a lot of luck behind us.”Sophomore Ellen Macadam got Harvard started on the right foot, launching a double to center field in the top of the first.She advanced to third on a groundout from junior Jess Pledger, who is also a Crimson photographer, but Bock flied...