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...government assistance, which would help shore up its tattered balance sheet and provide the cash required for a takeover of ailing Chrysler. The two companies are already close to a deal that would put GM in control of Chrysler. That would leave Chrysler boss Robert Nardelli, brought in to save the company, out of a job. "We can acknowledge that we have been in contact with a variety of federal officials for some time during this extraordinary and difficult economic period," said GM spokesman Tom Wilkinson. "We have said publicly, in comment to the Michigan [congressional] delegation's call...
...Even if it would save the artwork, Banksy, forever the contrarian rebel, doesn't want his art classified as an advertisement, and in his statement says he was "offended" by the suggestion. "Advertising makes people feel inadequate and worthless. Graffiti doesn't do that. Graffiti doesn't emotionally blackmail you, graffiti doesn't make you feel fat and graffiti doesn't make you rush out and buy things - except maybe high-strength cleaning products," the statement reads. (Read "Statement Issued from Banksy's Spokesperson...
...which have recently been rising, are keeping buyers out of the market. "I had one buyer recently walk away because they had 10% to put down, but the lender wanted a 20% down payment," says Barry Miller of Denver-based Buyer's Only Realty. "She said she would save more and come back in a year...
...Spooked by the gravest economic crisis in decades, Americans are curtailing their spending. They're making fewer trips to supermarkets and migrating from grocers like Albertson's and Whole Foods to deep-discounters like Aldi and Save-a-Lot. And it's not just retirees like Chernova. These spartan bastions of private-label goods are looking a lot better to a broad range of shoppers. "Prior to the economic slowdown, we were prospering. But now we're seeing customers looking to save money, and our foot traffic has increased," says Jason Hart, president of Aldi US, based in Batavia...
...Both Aldi and Save-a-Lot are winning big-time," Bishop says, "because they have an extreme value proposition - which is appealing at a time like this...