Word: sales
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Dates: during 2000-2009
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...billion financial-system booster last fall and the $878 billion stimulus package this winter, convincing Americans that their money isn't being wasted is no easy task. Geithner has said the government may put up as much as $1 trillion in loans and guarantees to subsidize the sale of the toxic assets to private investors. Though the government could get back the money if the assets start trading again, many Americans see it going down a sinkhole. Says Democratic pollster Mark Mellman: "There's a narrative out there in the public mind that the government's bailing out banks...
...perception is proving hard to tackle, the reality is even harder: so far few private investors have shown any interest in tapping the trillion-dollar subsidy to buy toxic assets from the banks. Hedge funds and other players all want to know the terms of the sale before they even think about stepping up to the plate. So far, Geithner and Treasury have provided little detail. "The question of how to price the asset is still on the table, unresolved," says Scott Talbott, a top lobbyist for the Financial Services Roundtable, an industry association...
...National Park System manages bout 83 million acres. Not all of that land is worth as much as Yellowstone, but combining oil drilling, mining, logging, and tourism revenue, it would be conservative to say that the sale of all that land could cover 20% of the costs of the new stimulus package...
...secure an alternative social space,” said Flores, adding that the purchase of property was on the table. Forty-five Mt. Auburn Street, a property currently housing the Democracy Center, an activist support organization, was mentioned by name in the legislation. The property is now for sale and has been used as a student meeting space in the past. Yesterday’s legislation requested that the owners of the property take it off the market for the time being to “give time for students to develop viable proposals.” Before beginning...
...Vegas on Sale. Your odds are probably as good in Vegas as in the stock market, so now's the time to play the tables. Check out the MGM Grand's "Spring Fling" package, which gets you a room, a $35 credit for food or entertainment, two passes to Studio 54, 25% off spa services, two cocktails by the pool and $10 to spend at the slots - all for $75 per night. Book by April 30 for travel through Sept. 30. 3799 Las Vegas Boulevard South...