Word: sales
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...going to squeeze what he wanted out of Congress. Over the last six months, with the help of Tim Geithner at the New York Federal Reserve Bank and Ben Bernanke at the Federal Reserve, he has driven Bear Stearns into the arms of J. P. Morgan at a fire sale price; he has forced the board of Fannie Mae to enable a government takeover even though it meant devastation for shareholders; he has stared down Richard Fuld at Lehman Brothers, who thought he could bluff Paulson into saving the firm; and he has negotiated brutal terms with AIG to save...
Kent calls these works tribunal plays, and in them he has probed German and Bosnian-Serb war crimes, the sale of arms to Iraq, the suicide of British weapons expert David Kelly and the massacre of Irish civil rights marchers by British soldiers on Bloody Sunday. The plays are riveting in their attention to detail and at times heartbreaking, as when a visibly haunted former soldier in Srebrenica recounts his forced participation in the slaughter of Muslims. "We've become the BBC of the theater," Kent says. "We've become a trusted voice...
...lyrics were nationalist exhortations to collective endeavor, struggle and sacrifice - amid the ever-present danger of of war with hostile Arab neighbors. Still, teenagers escaped from the folksy drudgery of their local pop scene by dialing up European radio stations to savor tracks off the new Beatles for Sale album and to participate, vicariously, in the first stirrings of a cultural revolution brewing in Europe...
...because so many are "sliced and diced" concoctions - made up of pieces of literally thousands of mortgages created and peddled and pushed together by Wall Street - the soundness of the underlying loans will prove difficult to ascertain. Many members of Congress want to make sure the government pays fire-sale prices for the assets to protect taxpayers from a big loss, but Federal Reserve Chairman Ben Bernanke has said that too low a price could hamper the plan's effectiveness at stabilizing the markets...
...camera). Along with its Google-designed browser, the G1 features a more powerful version of Google Maps with a built-in compass and 360-degree photos. And Gmail users get instantly notified when new messages arrive in their inbox, instead of having to check manually. The G1 goes on sale Oct. 22 for $179 ($20 less than the iPhone) and will be available in white, brown or black...