Word: mountings
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...desperate that it may offer a program to exchange its $28 billion in unsecured debt for equity in the company. The bondholders would not get a penny under the plan being proposed. The GM shares they would receive may be worthless in a year if the car company cannot mount a furious comeback against both the economy and more well-financed and adroit competitors from Asia. GM is so close to being put into Chapter 11, effectively at the hands of the federal government, that its offer of equity-for-debt will probably by-pass the powerful committee that represents...
...education services in public school. The legal question is a narrow one, but the case raises larger, more troublesome issues about student safety and the quality of educational services that families should expect when they place their children in private residential care, because the school involved in the case, Mount Bachelor Academy, near Prineville, Ore., is under state investigation for allegations of abuse reported by students and one employee. (See pictures of being 13 in America...
...Oregon Department of Human Services (DHS) declined to discuss the details of the ongoing investigations, which include a second inquiry based on possible licensing violations. But according to 10 students, two separate parents and a part-time employee interviewed by TIME - some of whom are involved in the inquiry - Mount Bachelor Academy regularly uses intensely humiliating tactics as treatment. For instance, in required seminars that the school calls Lifesteps, students say staff members of the residential program have instructed girls, some of whom say they have been victims of rape or sexual abuse, to dress in provocative clothing - fishnet stockings...
...Powers, a spokesperson for the Boston district of USPS, called the shift "an economical decision." Apparently, there wasn't enough "foot traffic" during the weekday 6:00-6:30 timeslot for the Mount Auburn Street post office to remain open for that grueling half hour...
...jackings, death threats and assaults continue to mount, organizations such as Oxfam and Médicins Sans Frontières have scrambled to tighten their security operations in dangerous missions, by corralling their staff into guarded complexes ringed with barbed wire, for example, and pooling intelligence with other humanitarian groups. Still, the new tactics offer no guarantees against well-armed foes. "The attacks have much more to do with the aid workers' status, rather than because they have assets or cash on hand," says Adele Harmer, research associate for the Humanitarian Policy Group at ODI and one of the authors...