Word: optionals
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...less in the fourth quarter of 2008 than in the previous three months - a strategy that has drawn some complaints. But that hasn't removed the pressure on their shares. That's because the banks have had to continue to take loan losses. And banks don't have the option to pass those losses off on the new money they got from the government. They have to write down their common stockholders' equity first. And as that capital falls, so go the bank's shares. Some are alarmingly close to zero...
...editors: As the Crimson noted, the idea of Score Choice is hardly new. ACT already has such an option, and the College Board allowed it for nearly a decade for its Subject Tests. Score Choice rests on the same principle that has supported our admissions process for decades—that applicants should be free to present their own best case. We have always counted an applicant’s highest test scores and have allowed students to decide whether they wanted to send all their test scores. The new Score Choice policy aligns well with our belief that...
...prospect of unpleasant confirmation hearings made returning Summers to the top spot at Treasury an unappealing option in Obamaland. And so Summers was made director of the National Economic Council, which even in quiet times has a large staff and vast clout. He has already fallen into a steady routine, waking before sunrise at his northwest-Washington apartment, from which his wife Elisa New plans to commute to her job as an English professor at Harvard. (Each has three children from a previous marriage.) About 13 hours later, after meetings on a dizzying array of topics, he returns home...
...single most direct option is for the government to pay a portion of the salary of each net new employee a company hires. For the recently unemployed, this could be a boon for earlier reemployment. If a company could use new people for expansion but cannot afford them, having 50% of their first year's salary paid by the federal government gives it the opportunity to grow.. This proposal would allow firms which have let people go to save money, even at the peril of the viability of their businesses, the chance to bring them back...
...course, wasn't a ballot option (it was either Yes or No on various categories). But Sunday's vote was considered just as much a referendum on the President as it was on the text. Government officials therefore interpret the 20-plus point victory as a solid win. Opposition leaders say that the document's rejection in the eastern part of the country means that there must be some move toward compromise...