Word: preferments
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...Melton’s colleague Kevin Eggan also said that the future of the SCRB department awaited a University ruling, but that if Allston plans were to “fall through,” he would prefer Fairchild to Longwood, twenty minutes away...
...eating away at the banks' capital. But if the government buys those assets at current market rates, banks would be forced to take immediate losses on the sales, doing more harm than if the government just left the troubled loans where they are. Sources say the Federal Reserve would prefer to let the banks keep the loans and troubled bonds for now and instead provide the banks with insurance policies guaranteeing that the government will swallow a good deal of future credit losses. But a similar deal that the Fed struck with Citi did little to boost that company...
...pilots interviewed for this story said they would prefer new FAA rules requiring night vision goggles and instrument flying technology on all medical helicopters. But some worry such rules might force companies out of business. "From a pilot's perspective, it's utopia" to have night vision goggles, says Gary Sizemore, a medical helicopter pilot and former president of the National EMS Pilots Association. "Is that fiscally realistic? I kind of doubt it. It's bad to say that we don't want to spend the money to save people's lives. But the reality is that somebody...
Being a hit in North America doesn't guarantee the same reaction in India. Slumdog opened in 350 theaters Jan. 23 and did fairly well--the third largest non-Bollywood debut, after Spider-Man 3 and Casino Royale. But India is one of the few nations to prefer local product to Hollywood blockbusters, and so far it has proved a tougher sell to the mass public than to U.S. audiences...
...pastors disappearing? Mainline churches (as well as some Evangelical) prefer their ministers seminary trained. But the starting salary for debt-burdened seminary grads now runs to $35,000 a year. That can break a poor and aging congregation, says Elizabeth Rickert Dowdy, pastor of the Tar Wallet Baptist Church in Cumberland, Va., who recently helped disband her other church: "When you have a congregation that's historically been able to survive at 20 members and loses 12, they close." And for the first time in American history, the majority of seminarians don't come from rural areas. Shannon Jung...