Word: resultingly
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...stunning result, the winner of the third annual TIME 100 poll and new owner of the title World's Most Influential Person is moot. The 21-year-old college student and founder of the online community 4chan.org, whose real name is Christopher Poole, received 16,794,368 votes and an average influence rating of 90 (out of a possible 100) to handily beat the likes of Barack Obama, Vladimir Putin and Oprah Winfrey. To put the magnitude of the upset in perspective, it's worth noting that everyone moot beat out actually...
...with bondholders may be more bleak. As part of its offer to bondholders, presented Monday, GM is offering to exchange 225 common shares for each $1,000 of principal amount of bonds. The offer covers $27.5 billion of bonds, and based on the recent price of GM stock would result in bondholders receiving less than 40% of a bond's original face value. GM's chief executive Fritz Henderson described the terms of the offer as "stern." For the swap to take place 90% of the bondholders must accept the offer. If that percentage is not met, GM will file...
...plants, eliminate 21,000 jobs, reduce its dealer network by 42%, and eliminate the Pontiac brand. It also announced that it has reached an agreement with the U.S. Treasury to convert 50% of the outstanding government loans to the company - or about $5 billon - into GM stock. As a result of this swap, the U.S government would become the majority shareholder of GM. The automaker also said that it is seeking an additional $11.6 billion in government loans...
...good deal of sense at the time," says Hugh Pennington, an emeritus professor of virology at Britain's University of Aberdeen. Pennington points out that conventional wisdom in 1976 held that the 1918 flu pandemic - which started among soldiers and eventually killed as many as 40 million - was the result of swine flu (scientists now know it was in fact a strain of bird flu). Despite modern advances in microbiology, today's health officials still make decisions in a "cloud of uncertainty," Pennington says. "At the moment, our understanding of the current outbreak is similarly limited. For example...
Analyzing the fossils at this small site, they counted 52 distinct species just below the iridium layer. Then they counted the species above it. The result: the same 52. It wasn't until they sampled 30 feet higher - and 300,000 years later - that they saw the die-offs...