Word: savingly
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...date of the company's annual meeting unit to August from June. Once it gets final approval of $21.6 billion in new federal loans, the company can have a future to talk about. GM isn't planning anything fancy for the meeting - it will be held in Detroit to save travel costs. "The board felt they would be in a better position to give some perspective on the progress we're making on our restructuring," says GM spokeswoman Julie Gibson of the delayed meeting. "We've got a lot going on right...
...There are now, by most accounts, some $2 trillion taxpayer dollars at stake in the salvage programs in place or being considered, to save the national economy. The results of the failure of those plans are unimaginable. Almost no one living in America now was an adult during the early 1930s. It is impossible to imagine how 13% or 14% unemployment would affect the modern economy, just as there is no way to suss out what a 50% drop in housing prices from the 2006 peaks would do. Some economists believe that these problems will drive the nation into...
...Administration's long-awaited plan to save America's banks is being delayed again, government sources tell Time. Fears of an AIG-like backlash among potential private investors, and the difficulty of creating a model to price toxic assets on the banks' balance sheets, have both contributed to the delay, the sources...
...late to save the summit. What's needed is a handful of clear deliverables - specific, intelligible measures to reassure the public and financial markets alike that governments are on top of the problem. Four suggestions...
...other shortcomings, Amazon's new and improved digital-book reading device does enough right that it could become the Model T of e-readers, capturing the imagination--and discretionary spending--of the masses. But in this wretched economy, in which most of us will purchase only nonessentials that save us money or make us money, I doubt folks will pony up $359 for a pleasure-reading gadget. And thanks to Amazon's mysterious pricing policies, the old argument--that digital books are so much cheaper than their hide-bound ancestors--no longer holds...