Word: noted
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...east," says Halle's Mayor Dagmar Szabados. "We've been steeled by crisis here." That may be true; but as the state of her town proves, being steeled by a crisis is not the same as rebounding from a slump into prosperity. The rest of the world: take note...
...more positive note, the two sides have reportedly reached agreement on how to finance the Voluntary Employees' Beneficiary Association (VEBA), which was set up to fund retiree health-care benefits for GM's blue collar workforce. GM is said to be agreeing to deposit half the $20 billion it owes the VEBA and fund the other half with GM stock. The agreement appears to be very similar to the deal Chrysler LLC reached with the UAW. That deal put the UAW in control of the new Chrysler, with 55% of the stock. The union has also reportedly agreed...
...handful of small dining tables, and a light jazz band that made up for not being good by…well, just being there. (The swing-dancing couples didn’t seem to care who was playing, anyway.) And while some cost-cutting measures were evident—note to Lev HoCo: FlyBy could recognize that second-rate HUDS hummus and tabouli anywhere—the 510 students who purchased tickets got to experience something entirely new: for one night, at least, Leverett was cool...
...first thing to note about all this? The $77 million in cuts detailed in today's announcements represents only 35% of the $220 million deficit for the 2010-2011 academic year. So to a certain extent, why sweat the small stuff...
...Note, ABC News' Political blog by Rick Klein and others. (6 p.m.) Thanks to paparazzi for not crowding me on #nerdprom red carpet - still schvitzy from metro...