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...raising all the capital to pay back TARP won't improve Citi's balance sheet either. In fact, it will do the opposite. Bove estimates that TARP repayment will lower the company's Tier 1 capital ratio to just over 11%, from a recent 12.8%. What's more, with the elimination of the government guarantee of Citi's riskiest assets, which could expose the bank to as much as $250 billion in additional losses, the bank's Tier 1 ratio will sink further, to 10%, according to Hensler. (See 10 big recession surprises...
...bizarre early history of planned weight loss makes recent fad diets seem enlightened by comparison. The Atkins diet, a modern-day Banting plan that has eaters eschew carbs in favor of protein-rich meals, was written in 1972 and became in later years a weight-loss plan favored by millions. (Critics say it can also cause high cholesterol and bad breath.) Its success spawned imitators like the popular South Beach diet, a more lenient version that invokes the same low-sugar principle. But other modern diets remain pretty far-fetched. One example is the cabbage-soup diet, which promises that...
...Chiarelli has singled out abuse of alcohol and prescription drugs by soldiers as a mental-health issue that can lead to suicide. "I think there's a link to substance abuse in some of the issues we're seeing," Chiarelli said last month. A recent Army study shows that the percentage of soldiers in Afghanistan taking antidepressants and other mental-health drugs nearly tripled - from 3.5% to 9.8% - between their first and third deployments...
Berlusconi is now the recipient of bipartisan sympathy. Democratic party leader Pierluigi Bersani visited Berlusconi at the hospital on Monday, while Ezio Mauro, editor of La Repubblica, which has been hounding Berlusconi even more than usual in recent months, declared in an editorial that there is no space to justify any act of violence: "First because it is so grave in itself, and also because it could lead to a tragic season that we have already experienced in the worst years of our life," a clear reference to the ideological terrorism that left hundreds dead in Italy in the 1970s...
Former President Mohammed Khatami, a supporter of the opposition Green Movement, bluntly said in a recent speech, "[Khomeini] should not be used as a scapegoat." The newspaper Abrar, part of the beleaguered reformist media, wondered aloud what punishment would have befallen a newspaper like itself if it had displayed an image of revolutionary desecration like the one being repeatedly shown on state television. (Additionally, a video of pictures of Khomeini, Supreme Leader Ayatullah Ali Khamenei and President Mahmoud Ahmadinejad being set afire is circulating outside of Iran. Unlike the torn-poster video, however, the fire video has not been shown...