Word: optioning
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...come down to is an incredibly high-stakes game of political chicken which no one wants to lose. House Republicans late Thursday were talking up an alternative proposal for the government to help insure the bad mortgage-backed assets rather than buy them up, but that less-expensive option has little support from either Democrats or the Bush Administration. "Members are aware of the crisis situation that we're in," McCain told ABC News Thursday. "They do have concerns, which I think when you're talking about $700 billion or a trillion dollars, that need to be addressed so that...
...chiefs know they were going down without a helping hand. Checking in from his tomblike suite of offices at the Federal Reserve on Constitution Avenue, where he monitors two computers and a TV while chewing on Necco Wafers, Bernanke is calmer, quieter and prone to offering up a fourth option when three are on the table. Paulson called him "pragmatic, intellectually curious--a courageous guy." Geithner, working from the New York Fed's imposing Manhattan headquarters on Liberty Street, often serves as the bridge between the other two back in Washington. "There isn't anything spoken in anger, but certainly...
Fitzsimmons said that in the future Harvard may give students the option of taking five or more SAT Subject Tests in lieu of the SAT Reasoning Test or its frequent alternative...
...Michele Polo, a professor of economics at Milan's Bocconi University, says liquidation may now be the only option remaining. Polo doesn't see the logic in trying to keep the airline afloat just to maintain its Italian identity, and he expects that Italy's No. 2 airline, AirOne, and foreign carriers will almost certainly fill the profitable Rome-Milan route, while low-cost carriers will jump on other Italian destinations. "The market will do its job," he says. "This kind of evolution would bring more competition." A significant number of laid-off Alitalia employees would eventually be rehired...
...putting up with the race for this long, one would think, Why would voters head for the polls before even hearing the two presidential candidates address each other directly in a debate? Then again, after being subjected to almost two years of near endless campaigning and media coverage, the option of just voting and being done with it all may be harder to resist than either candidate's pitch...