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...start of the financial crisis. Treasury officials say Citi will no longer be considered one of the companies that have received "exceptional assistance" from the government. That means pay czar Kenneth Feinberg will no long have a say over salaries at the company. What's more, the company will save $1.6 billion in annual preferred-stock dividend payments it would have owed the government on its TARP loan...
Chris Farrell, the economics editor for public radio's Marketplace Money, is the most optimistic of the lot. "Profligacy is out. Frugality is in," he declares in his inspirational self-help book, The New Frugality: How to Consume Less, Save More, and Live Better. Farrell is so enthusiastic in his mission to promote a more sensible lifestyle that he makes the reader want to burn a credit card. Save more, pay off your debts and borrow less, and you can join Farrell's brigade...
...money, though, says Farrell. Taking an unexpected turn, the author writes that going green is an aspect of contemporary thrift. Being mindful of the earth is a corollary of being frugal: "Being energy conscious at home, buying clothes at yard sales and vintage stores, and similar thrifty actions both save money and reduce our impact on the planet." Simplify, simplify, simplify...
...even cede ground to her husband's evangelical supporters. While he continually compared himself to the adulterer's go-to biblical character, the Byronesque King David, Jenny artfully let herself be associated with Job, a far more humble, consistent figure. Although people of faith adore the redeemed sinner, they save their admiration for the martyrs...
When will Woods play again? If he's true to his word and is indeed taking this indefinite leave to save his family, he might not tee up for a very long time. He clearly has a lot of work ahead of him. Tiger's absence is a horrendous development for golf. In a down economy, the sport is already hurting for sponsors. Without Woods, they won't come rushing through the ropes. But Tiger's decision is not the death knell many might suspect. Yes, golf ratings often get sliced in half when Woods doesn't play...