Word: passed
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...program are officially not due until Nov. 14. And the Treasury Department has confirmed only a few of its investments. Moreover, taking government funds will force the firms to restrict executive compensation as well as make it tougher for them to increase their stock dividend. So some banks may pass. On Wednesday, officials of the Bank of Oklahoma said they would not tap the TARP program, adding that the bank was well capitalized...
Offshore, a growing flotilla of warships from the U.S., Russia, the European Union and India has been trying to keep Somali pirates from taking their pick of the 16,000 mainly cargo ships that pass through the Suez Canal annually. There are several gangs of pirates; armed with Kalashnikov rifles and traveling on small fishing boats and skiffs, they have attacked more than 80 ships and hijacked at least 30, collecting anywhere from $18 million to $30 million in ransom, according to the British strategic think tank Chatham House. Big paydays have made them progressively bolder: one gang is still...
Times sure have changed. Fiscal stimulus is Topic A in Washington. Congress is returning for a lame-duck session with plans to pass a spending bill in the $100 billion range. An even bigger effort is likely in January, when Barack Obama moves into the White House. And it's not just Washington: China has announced a $586 billion stimulus plan, although it's not clear how much of that will be new spending. Germany has approved $29 billion in spending and tax cuts. British Prime Minister Gordon Brown is expected to announce tax cuts soon...
...common one was that the Harvard football team’s biggest weakness this season would be its secondary. With All-America cornerback Steven Williams ’08 graduating last year and stud senior Andrew Berry the only known quantity left in the Crimson’s pass defense, the preseason buzz was all about how opposing quarterbacks were going to have a field day against Harvard...
...Junior corner Derrick Barker has had his ups and downs, but he leads the Ivy League with nine pass break...