Word: permitting
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...when President Bush announced that Chrysler, along with GM, would receive $13.4 billion of emergency loans from the Troubled Asset Relief Program (TARP) after Congress had refused to pass a separate bailout bill. On Christmas Eve Cerberus got another last-minute gift when the Federal Reserve Board voted to permit GMAC to change its status to a bank holding company. (GM still owns 49% of GMAC). (See pictures of the remains of Detroit...
...plan will move $13.4 billion in funds from the Troubled Asset Relief Program (TARP) to GM and Chrysler, with GM getting $9.4 billion and Chrysler $4 billion. The money will be in the form of three-year loans, but the terms permit the Obama Administration to demand earlier repayment - presumably triggering bankruptcy - if it believes the restructuring goals are not being met. The near-term target is a March 31 deadline for the automakers to show a plan for achieving long-term viability. Based on White House and Treasury descriptions of the plan, this will be less an acid test...
...Committee. The local company Citybus refused to rent a double-decker to organizers of the city's parade because of concerns about its image. "This was a blatant act of discrimination, especially seeing the fact that this is a legal parade and the Hong Kong police have granted a permit," says Betty Grisoni, co-founder of a lesbian-rights organization called Les Peches, which helped organize the parade. A Citybus spokeswoman said on Dec. 11 that it would not discriminate against any party and that it was a commercial decision...
...Gist: Rinella one-ups his previous book, The Scavenger's Guide to Haute Cuisine (we're talking pigeons, sparrows, raccoons, etc.), by going after the massive and mythical buffalo. "In the spring of 2005," he writes, "the state of Alaska announced that it was issuing twenty-four hunting permits for the Copper River buffalo herd." He and 1,302 other hunters sent in their applications. Rinella won a permit, and off he went, on both a literal and an intellectual expedition, hoping to get one of the creatures in his rifle sights while also exploring the history, misconceptions and science...
...Amend RMC 804 to add RMC 804(c)(1)(2): "(1) The accused does not have a right to be absent from any military commission proceedings; however, the military judge may permit the voluntary absence of the accused following an inquiry, on the record, sufficient to establish: (a) that the accused's request for absence is personal, knowing, and voluntary, and (b) that the prosecution will not be disadvantaged by the accused's absence...