Word: plan
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...value of doing this is it would clarify which banks are and which banks aren't undercapitalized," says Harvard Law professor Lucian Bebchuk, whose September proposal for toxic-asset purchases by competing investors seems to have provided a template for Treasury's plan. "It's reasonable to expect that restarting the market for troubled assets will lead us to discover that some banks are in a healthy position and will make it absolutely clear that some banks are in an unacceptable position...
...could move the government farther down the road toward closing or taking over the most troubled banks. The operative word here is could - Geithner and top White House economic adviser Larry Summers have been awfully cagey about what comes next. The more plainspoken Bair allowed that the asset-purchase plan "will be a significant benefit to many banks, but some will be beyond help." Soon we may find out which hopeless banks she's talking about...
...plan for Memphis, Cash wants even more time. Perhaps the most provocative aspect of his proposal is to focus on students in grades 3 through 5. Homelessness is growing sharply among kids at that critical age, when much of their educational foundation is set, Cash says. His aim: to thwart illiteracy and clear other learning roadblocks early, so the problem "won't migrate into middle and high school." Students will remain on campus year-round. "I don't see that there's anything better in the summertime in their neighborhoods," he notes. The school would cost...
When he sings, "Why aren't you in the administration?/ Is there some kind of politicking that I don't understand?/I mean, Timothy Geithner is like some little weasel," his voice practically drips with despair - not unlike the despair Krugman recently felt about Tim Geithner's financial plan, come to think...
That, of course, remains to be seen. Baucus' importance in reforming the health-care system, however, has grown. Unlike the Clinton health-care campaign that ran aground in 1994, the Obama White House's plan is to give Congress the lead in fashioning health-care-reform legislation. And the two Democrats who had been expected to spearhead that task have been sidelined. Former Senate majority leader Tom Daschle withdrew his nomination to be Obama's Secretary of Health and Human Services in early February amid revelations of tax problems, and Edward Kennedy, chairman of the Senate Health Committee...