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...pension underfunding, according to the report, are Raytheon (underfunded by $1.6 billion), Johnson & Johnson ($1.5 billion), ExxonMobil ($1.4 billion), Macy's ($980 million) and Alcoa ($950 billion). "This is affecting the broad swath of companies that make up the fabric of what we call the 'real economy,'" says Mark T. Williams, a risk-management expert and finance professor at the Boston University School of Management...
...Read Mark Halperin every day at thepage.time.com
...point old hat to Americans familiar with the dire updates coming out of Europe - gave the story a sense of verisimilitude that it otherwise would have lacked. Listeners who came in late missed the opening announcement that this was a radio adaptation. Jump ahead here to the seven minute mark to get a sense of what you would have heard had you tuned in late...
...between the President's pragmatic head and his instinctive, idealistic heart. His impulse to denounce pork barrelers - "I will make them famous," he likes to promise - would compete with his need to curry favor with as many allies in Washington as he can find. His desire to leave a mark on history - by signing a Democratic energy bill or health-care-reform bill, say - would clash with his gut-level identification with the gop. Washington veterans agree that McCain's conservative ideas for tax cuts and health-care reform wouldn't stand a chance in a Democratic Congress...
...ready to run the country, but the Clintons themselves are now convinced Obama will win the job. That is quite a change for the Clintons, who long believed, even after Hillary conceded, that Obama's inexperience and trouble winning over working-class white voters would make him an easy mark for McCain...