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...Consulting firm McKinsey & Co estimates that the levy could raise as much as $1 billion a year, although Douste-Blazy cautions that it will take several years to reach that goal. He promises that administrative expenses will remain extremely light, especially by U.N. standards - less than 5% of the money raised...
...Though many questions remain, here's what is known about Lewis' involvement in the Merrill deal. In a proxy statement Bank of America sent out to investors seeking approval of its acquisition of Merrill Lynch, the bank said that Merrill would not pay year-end bonuses without Bank of America's consent. But according to the SEC, Bank of America had already agreed to allow Merrill to pay $5.8 billion in bonuses. Telling shareholders that Merrill still had to seek approval, and omitting mention that bonuses had been agreed upon, was, according to the SEC, "materially false and misleading...
...student body. We’re also going to be down in D.C. against Georgetown. Those are games that make sense to us, even though they might cost a little more in terms of travel.”So it appears that a matchup with the cross-town Eagles remains just a pipe dream, and a cross-country battle against the Toreros will have to suffice. But when the Ivy League was established in 1954, the Ancient Eight presidents set clear standards regarding the nature of athletics in their schools. For now, at least, it seems those philosophical ideals will...
...tied behind my back just to make it fair," found his place as the triumphant champion of the Age of Reagan. Macho Sean Hannity captured the cocky vibe of the early Bush years, dunking the feckless liberal Alan Colmes for nightly swirlies on the Fox News Channel. Both men remain media dynamos, but it is Beck - nervous, beset, desperate - who now channels the mood of many on the right. "I'm afraid," he has said more than once in recent months. "You should be afraid too." (See Glenn Beck's tribute to Rush Limbaugh in the 2009 TIME...
...Democratic Congress, Beck takes pains to say that the ranks of the nation's would-be oppressors know no party. In his recent instabook - Glenn Beck's Common Sense, a huge best seller, with more than 1 million copies moved in less than four months - he wrote, "Most Americans remain convinced that the country is on the wrong track. They know that SOMETHING JUST DOESN'T FEEL RIGHT but they don't know how to describe it or, more importantly, how to stop it." The book's pox-on-both-parties populism evokes the quixotic campaigns of Texas billionaire...