Word: poore
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...Indeed, representatives of the American Bankers Association and the Securities Industry & Financial Markets Association, which lobby for large banks and Wall Street firms, respectively, say they have yet to have sit-downs with Geithner. A number of industry insiders say Geithner's early-February policy speech, which got a poor reception, would have gone better and had more detail if he'd had more meetings with financial executives. Geithner, though, didn't want it to seem as if Wall Street was getting the chance to write its own blank check. (See pictures of TIME's Wall Street covers...
...homes. But this weekend, it built them. At the Habitat for Humanity beer pong tournament in the PfoHo Bell Tower this Saturday, there was one principle—for every cup you make, God will send Stephen W. Piatelli ’10 to build a house for a poor person. FM paid the $10 entry fee and became one of the 32 teams in the tournie. Righteousness ensued. 9:30 p.m.—Game time. Our first opponents’ training and preparation? “I showered,” says Jessica...
...helping people truly suffering from the economic crisis and a series of natural disasters that hit the country last year, says Ngo Truong Thi, the deputy director of social welfare at the Ministry of Labor, Invalids and Social Affairs, which oversaw the program. "Giving out cash to the poor was also part of measures to stimulate the economy," Thi says...
...never be known how much of the cash meant for the poor has been diverted. One official from Lam Dong Province in central Vietnam was arrested last week, and dozens of others across the country have been demoted or sacked due to the scandal. Hundreds of provincial-level investigations are ongoing...
...looting, says Tuong Lai, former director of the government-run Institute of Sociology in Hanoi. Vietnamese officials at all levels have a reputation for sticky fingers. Last Year, a survey on public-sector corruption by Transparency International ranked Vietnam 121st most corrupt out of 180 countries. "Stealing from the poor is nothing particularly new," says Lai. "But after a year of terrible difficulties, the Tet gift was supposed to be a gesture to help improve the trust of the Vietnamese people." Instead, Lai notes, it sabotaged...