Word: mets
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...Program (TARP) to GM and Chrysler, with GM getting $9.4 billion and Chrysler $4 billion. The money will be in the form of three-year loans, but the terms permit the Obama Administration to demand earlier repayment - presumably triggering bankruptcy - if it believes the restructuring goals are not being met. The near-term target is a March 31 deadline for the automakers to show a plan for achieving long-term viability. Based on White House and Treasury descriptions of the plan, this will be less an acid test than a subjective assessment of progress...
...abandoned at a Pittsburgh orphanage as a baby and adopted by local parents. While earning his bachelor's degree in history at Hamilton College in upstate New York, he met his future wife, Christie. He went on to earn a law degree from Albany School of Law and the couple moved to her hometown in Iowa...
...Broad Market fund conformed to all professional standards and that the firm would vigorously defend its work. A BDO Seidman spokesperson says that his firm is not and has never been the auditor of Madoff Securities. The BDO spokesperson also says that his firm's audit of Ascot Partners met professional standards and that the firm would defend its work. "It is unfortunate that these investors would bring legal action before all of the facts are known and seek to blame others for their own investment decisions," the BDO spokesperson says...
...highlight of my year was visiting Walter Reed Army Hospital with my beloved New York Mets last summer. I'll never forget two of the younger players, Daniel Murphy and Nick Evans, sitting patiently with an equally young double amputee who talked a blue streak but couldn't remember where he was serving when he was wounded. We also met several of the extraordinary soldiers who were badly wounded while holding their Afghan firebase against an overwhelming Taliban assault last July. The Mets crashed, yet again, at the end of the season, but they earn a Teddy for remembering...
...While head of Chicago schools, Duncan did not shy away from controversy. His decision to close failing schools and use unconventional methods to increase academic performance has often been met with resistance from the community...