Word: multibillion-dollar
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...move came after Obama officials spent part of the weekend playing defense on AIG, as more details of the bailout became public. But the harsh criticism of the company is unlikely to stem rising public outrage with the multibillion-dollar cleanup operation. That anger came after federal officials named dozens of U.S. and European financial institutions that, together with municipalities in Virginia, California and elsewhere, have shared in more than $170 billion in AIG bailout money. (See 25 people to blame for the financial collapse...
...Internal Revenue Service is bracing for a deluge of amended tax returns from tens of thousands of victims caught up in the recent wave of multibillion-dollar Ponzi schemes and other frauds, most notably the sensational swindle perpetrated by Bernie Madoff and R. Allen Stanford's $8 billion certificates-of-deposit scam...
...took steps to make his budget more transparent, a point his team never tires of pointing out. He included items that President George W. Bush did not to obscure the true operating cost of the government, such as the money for the wars in Iraq and Afghanistan, an annual multibillion-dollar fix of the fees that Medicare pays physicians and Alternative Minimum Tax relief for the middle class. "At least the budget that the Obama Administration presented, even though it's huge and it's a huge deficit - and that enables the other team to beat...
...ceiling windows in our room at the new Wynn Encore provides a distressingly clear picture of what's going on in Las Vegas these days. To the south, there's a casino project that has ground to a halt, half built, its steel skeleton an outline of a multibillion-dollar dream gone hungry. Across the street, there's a Modernist chapel, a lonely vigil of virtue on the Strip - people seek salvation elsewhere in this town. Look west toward the mountains and you can trace the Vegas real estate developers' dash toward the horizon with building projects...
...Securities and Exchange Commission (SEC) filed charges today against high-flying Houston-based financier R. Allen Stanford for orchestrating what it calls a multibillion-dollar investment fraud of "shocking magnitude...