Word: natione
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...acquiring Countrywide's $1.5 trillion loan portfolio along with its battered reputation and a swamp of lawsuits. You could almost hear the sighs of relief coming from Wall Street - not to mention the Treasury Department and Federal Reserve - that someone had swooped in to prevent the collapse of the nation's largest mortgage lender and whatever else it might pull down in its wake. CreditSights analyst David Hendler called the deal a "rescue bid" that would give the markets some much needed stability. The irresistible headline: MAIN STREET SAVES WALL STREET...
...Some analysts have speculated that the deal conveniently earns BofA the political goodwill it will need if it ever wants to expand its consumer-banking business. (The bank already holds close to the federal limit of 10% of the nation's deposits.) Lewis says his motivation is much more straightforward: to complete his vision of a truly national bank serving every financial need that any American might have, by adding the one missing piece - mortgages...
...younger Ukrainians too. Under the Soviet Union, the official line was that World War II was a battle between communists and fascists. The Nazis' "Final Solution" program to exterminate Jews was rarely mentioned. And although Holocaust teaching is now officially on the syllabus of Ukrainian schools, many of the nation's youth remain ignorant of what their grandparents lived through...
Romney's camp, of course, sees it very differently. "It was a perfect storm in Michigan," says Anuzis. "There's a potential national recession, and Mitt comes in and starts talking about turning things around. National issues coincided with state issues. "The campaign has seized upon this equivalence between Michigan's problems and the nation's to explain away his losses in New Hampshire and Iowa. "Michigan is a microcosm of America," says Madden, implying that the earlier, and more influential, states shop for boutique candidates. Apparently South Carolina falls into that category as well, since Romney will likely bypass...
...Paulino Cubero, the unemployed 52-year-old who won the content, had said he wrote the words "for the nation of average people who take the subway to work and pay their mortgages." But even subway riders and mortgage payers, it seems, are critics. Announcing the recall, Spanish Olympic Committee president Alejandro Blanco explained that "the lyrics just didn't have broad support among Spanish society." A disappointed Cubero was more pointed. "These are the miseries of our nation," he said. "We can only talk about different nations, not a shared...