Word: plan
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...boldest attempt yet by the U.S. government, which placed Fannie and Freddie in conservatorship in September, to address the foreclosure crisis. At the same time, some consumer advocates, as well as the chairman of the FDIC, are already complaining that the plan doesn't go far enough. (Read "Four Steps to Ending the Foreclosure Crisis...
...TARP, has said that $250 billion will cover the demand for direct investments from banks. And Treasury officials say $40 billion of the money that has been spent was a onetime emergency investment into insurer AIG and should not be counted as part of the $250 billion they plan to invest in banks. Still, the AIG investment depletes the amount of money left for buying troubled bank assets. (See activists protest the bailout...
...fail. Although, given how much criticism they got for their semi-bailout of Bear Stearns in March, it's easy enough to see where that decision came from. Less easy to understand is why Paulson initially stubbornly insisted that the bailout bill be structured as an asset-purchase plan - it's still called the Troubled Asset Relief Program, or TARP - rather than as a straightforward recapitalization of troubled banks. Treasury has since switched to the latter approach, so far putting $216 billion of the TARP hoard into capital injections. On Wednesday, Paulson said that Treasury has concluded that...
...Professors hope that the greater flexibility to craft a plan of study in the concentration will attract bigger numbers...
...those who are routinely late, we have come up with several solutions, each better than any that we’ve heard proposed thus far. Instead of increasing travel time across the board or lengthening classes, we could instead adopt a cellular service style pay-per-minute lateness plan. Is Expos in your five? Or maybe we could borrow CNN’s hologram technology, such that we could be beamed into lecture each morning. If that fails we could switch to “Stanford time,” in which lateness is excused up to three hours...