Word: roberte
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...still very fragile and could use more stimulus. GM's lawyers warned in bankruptcy court that the company might have to start the liquidation process by mid-July if it is not guaranteed an exit from bankruptcy in the next 30 to 60 days. (On July 5, Judge Robert Gerber of the U.S. Bankruptcy Court for the Southern District of New York approved the sale of GM's assets to a government-run company.) Further, if a modest recovery in sales doesn't begin soon, the bailouts of both Chrysler and GM could fail. "Our situation is perilous," says...
...contrast, Prometheus, funded by a $6 million grant from the Robert Wood Johnson Foundation, calculates compensation for hospitals and doctors based not on the specific treatments a patient receives but on the care a patient should receive "per episode." (Prometheus's calculation model is an open-source program that is already garnering interest from insurers in Minnesota, Pennsylvania and elsewhere...
...beginning of his professional career, he made a name for himself as the wunderkind who reformed the ailing Ford Motor Co. At the end, he tried to rehabilitate his reputation, as a do-gooder striving to save the globe's poorer nations as head of the World Bank. But Robert McNamara, who died early Monday morning in his sleep at home at the age of 93 (his wife Diana told the Associated Press he had been in failing health for some time), will always be best known for his role as the architect of Washington's failed Vietnam policy...
...surrogate mother. The star's mother Katherine is named as a beneficiary to the trust and guardian of the three children. But they won't see their inheritance, if any, until the debt issues are resolved. "You have to pay your creditors before you can pay your children," says Robert Rasmussen, who teaches contract law at the University of Southern California. "That...
...behaves exactly like a married man," says Robert Rector, a senior research fellow of domestic policy at the Heritage Foundation. If a man is willing to contribute 70% of his income to the child's upbringing, dedicate himself around the clock to the child's well-being and create a stable home life - a home life that includes his actually living there with mother and child - he might be able to give his child the boon of fatherhood without having to tie the knot. But that rarely happens. When children are born into a co-habiting, unmarried relationship, says Rector...