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...more times the FDIC asks banks for billions to save the financial system, the harder it is going to be to hide...
...accounting trick save the Federal Deposit Insurance Corp.? That's what FDIC chief Sheila Bair and Co. seem to be hoping...
...TIME's special report "The Committee To Save Detroit...
...amendment to the Senate Finance Committee's current health-reform bill was doomed to fail. It was voted down, 15 to 8, with five Democrats - including committee chairman Max Baucus - joining all 10 Republicans on the committee in opposition. Baucus, who agrees with Rockefeller that a public option would save the Federal Government money and lower costs for consumers, nonetheless believes that a bill with such an option will not garner enough support to overcome the threat of a filibuster and make it for a vote on the Senate floor; almost all Republicans and many moderate Democrats believe that such...
...public option with negotiated rates, roughly equivalent to Schumer's supposedly "level playing field" approach. According to a Democratic leadership aide in the House, the Congressional Budget Office, which determines the cost of legislation, has told Pelosi that the Medicare-pegged rates would lead to $110 billion in savings over 10 years, while negotiated rates would save only about $25 billion. Pelosi, who is trying to whittle the House bill down from its $1.1 trillion price tag closer to the $900 billion that both Baucus and Obama are targeting, is hoping to use these CBO estimates to convince Democrats...