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...TARP funds are a relatively inexpensive way to fund your operations these days," says Ray Soifer, a former top Wall Street analyst and a longtime bank consultant. "The problem I see is that banks are rushing to save every penny and nickel in order to pay back TARP instead of lending, which is one of the ways they make money...
...said that FAS administrators might instead decide not to replace retiring professors. “The only way to save money at the level they need to, is to not hire replacement faculty for faculty who leave,” he said. “One full-time senior faculty member costs a lot of money...
...Leahy, had seemed doomed by Obama's initial thumb's-down. But they gained some traction in recent weeks, thanks to fresh controversies over the CIA's detention and interrogation policies under Bush. Former Vice President Dick Cheney has repeated claims that the harsh interrogation of terrorism suspects helped save thousands of American lives. House Speaker Nancy Pelosi has had to deny that she was informed about the CIA's use of waterboarding and has accused the agency of misleading Congress. (See pictures of the aftershocks of the Abu Ghraib scandal...
...intellectual extremes. Lawyers - at least those who deal with constitutional questions - live in an abstract world of seemingly precise codicils, which often turn out to be maddeningly inadequate when confronted by the violent imprecision of war. Soldiers in combat live in the existential horror of right now; their decisions save or cost lives. The best of them understand the need for rules, but don't have the luxury of abstraction. And so, Guantánamo: the lawyers defend the rights of the detainees, the soldiers fear the consequences of granting undue rights to villainous fanatics - and the Obama Administration...
...peers are already caught in: a proliferation of Internet-savvy readers unwilling to pay again for the original paper product. Indeed, Texier thinks whatever its current agony, the U.S. newspaper industry stands a better shot of coming out of this period alive than its French counterpart. (Read "How to Save Your Newspaper...