Word: perlis
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...More hand-outs from the public purse looked unlikely in the face of what the government already spent over the past week bailing out both Fortis and another bank, Dexia: a total of $10.6 billion, or almost $1000 per Belgian. "Even before the bank bailouts, the budget was tight and growth prospects were low, so it's hard to see where the money can come from," says Pierre Blaise from the Brussels-based centre for socio-political research (CRISP). "This could also have an impact on Belgium's international reputation...
...head of the socialist trade union ABVV-FGTB, Rudy De Leeuw, said that three-quarters of union members were taking home between $1400 and $2200 per month. "If you have to pay your heating, your electricity, your loan payments, etc, there's not much left," he said. "And we are not even talking about the pensioners, the unemployed or the handicapped...
...this green dream is hardly problem-free or environmentally perfect. First, if oil prices continue dropping, perhaps to last year's $60-per-bbl. mark, drivers may opt to keep their old cars, especially if the recession in the U.S. and Europe deepens and car loans get even harder to obtain. In debt and facing slumping sales, the auto industry is also competing against flush high-tech companies in Silicon Valley, which are also racing to perfect a lithion-ion car battery. What's more, the billions that the auto companies are spending in research could be squeezed during...
...Every day, OneSeason rolls out IPOs of new players, which now includes everyone from Kobe Bryant to Denver Broncos quarterback Jay Cutler. (Saturday hockey star Sidney Crosby debuts!) Each IPO is priced at $5 per share, and after that, the share price is determined by basic supply and demand. Fantasy sports enthusiasts, who are used to obsessing over player stats, may be surprised to find that prices aren't tied to specific performance criteria - touchdowns, home runs, rebounds. So if Peyton Manning throws five touchdown passes on Sunday, his price won't automatically shoot...
...standouts drafted into the professional ranks—the most successful being Frank Hermann ’06, who in just his third season in the minors was promoted to Cleveland’s AAA affiliate in Buffalo in July. Hermann saw his velocity rise by a few miles per hour after college, and Walsh suggests that the same thing could happen to Haviland with the transfer to warmer weather. If his one-time ace is going to ascend the ranks, though, he’ll live and die with his curveball...