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...already paid back the $10 billion - plus $318 million in dividends and an additional $1.1 billion to buy back warrants (at above-market value, he adds) - that Paulson forced it to take last October from the $700 billion Troubled Asset Relief Program. Taxpayers' annualized return on their nine-month investment in Goldman Sachs? A cool...
...addition to becoming the first top-level U.S. politician to meet with Than Shwe, Webb was allowed to see detained Nobel Peace Prize laureate Aung San Suu Kyi, a privilege denied to U.N. Secretary-General Ban Ki-moon when he visited last month. Webb's trip came just days after a military-backed court sentenced Suu Kyi to 18 months of house arrest. The democracy advocate, who has been locked up for 14 of the past 20 years, was punished in a bizarre case in which an American swam uninvited to her lakeside villa. The verdict virtually guarantees that...
Then there's the current-day math. A good many carmakers - among them VW - are offering no-interest loans for new cars, while others are advertising rates ranging from 1.9% to 3% for 24-, 36- and 60-month loans. (Compare that with the 5%-to-6% rates for used cars.) "This has been some year," notes Craig Rosenfeld, founder of the Vision Auto Group in Leesport, Pa., which sells Porsches, Audis and VWs. "There have been a lot of changes in marketplace dynamics, in buying habits, sales strategies. We're seeing a lot of traffic, a lot of interesting things...
...miles a year, want to keep a warrantied vehicle for only a few years and don't have lots of cash (say, 20%) for a decent down payment. One example: a Nissan Sentra priced at $20,000 will cost a buyer who puts nothing down about $420 a month with a 60-month loan. Leasing? About $210 a month over 39 months...
...This is the first academic year that the College faces an extended break between fall and spring semesters. Interim University President Derek Bok created the month long gap when he approved a new University calendar that moved final exams to before the winter recess...