Word: plan
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...they suspect that Uncle Sam may offer better mortgage buyouts. "Recently, a lot of the financial institutions have stopped accepting short sales to find out if the government is going to buy their loans that are in default. They're waiting to see what happens with the recent rescue plan to buy back mortgages," says Fred Arnold, president of the California Association of Mortgage Brokers. In Miami, banks and distressed homeowners can't wait to throw underwater mortgages into the government's pool. Says Zalewski: "I can see the Federal Government giving them a mulligan and allowing them to sort...
Last Friday, Governor Sarah Palin paused her campaign rhetoric to make her first policy speech, laying out a controversial plan intended to increase educational opportunities for children with special needs. Her proposal provides much-needed funding for a federal law enacted in 1975 that compels school districts to provide a “free, appropriate public education” to any student with a disability. Case law has dictated that, if an administrator or school decides that the public school is incapable of doing so, then the student may enroll in a more suitable private school at the expense...
...freeze Icelandic assets in the UK, including property of the Icelandic Central Bank. Just a few days later, Chancellor of the Exchequer Alistair Darling added fuel to the fire when he said on BBC Radio that the Icelandic Finance minister had told him that the Icelandic government did not plan to honor British deposits after nationalization, an allegation later found to be utterly false from the conversation transcripts. Amidst these incredible circumstances, the Icelandic government chose to effectively nationalize all three main banks, and investors began to worry about a national default on debt given the size of the debts...
Harvard Law School Dean Elena Kagan announced a finalized plan to transition current students to the new four-tiered pass/fail grading system yesterday. Under the transition scheme, first-year students will receive grades of “Honors,” “Pass,” “Low Pass,” and “Fail,” as stipulated by the new system in all their courses, starting this semester. Third-year students will finish their last year under the old system, which has nine categories spanning A+ to F. Second-year students...
...Uncle Sam pose.But lost amidst the glitz of Harvard’s sustainability efforts was a more meaningful step forward that took place a few hours after Gore’s speech and a few hundred yards to the south: the unveiling of Harvard’s revised master plan for Allston. While the new plans certainly have their issues, the revision reflects a desire to make green space the hallmark of the future campus. “The new plans are such a demonstrable example of thinking of how important the land is and how important nature...