Word: savings
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Dates: during 2000-2009
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...American history, requiring $180 billion in government funds. But it may soon have competition. Last week mortgage giant Freddie Mac said it had lost $50 billion in 2008 alone. A look at the company's books suggests the government will have to spend at least triple that much to save the financial firm from collapse. If the housing market worsens, the tab could be even larger...
Treasury Secretary Tim Geithner has a problem. On the one hand, he has to act to save the banks if he's going to start credit flowing and get the U.S. economy back on track. On the other hand, doing so makes him and his bosses look bad. Americans are against bailing out the banks by more than 2 to 1 in some polls. Worse, the banks themselves are deeply mistrustful of anything government might force on them. The head of Wells Fargo told Bloomberg on Monday that a key part of Geithner's plan, the so-called stress test...
...this push? You don't want to get me started on this! There are so many opportunities in this recession for breaking down antiquated ways of doing business, and not just in the environment. You can have fresh thinking during a crisis: how can we help the environment and save ourselves some money. Packaging is a perfect example. It makes me crazy to buy two Advil in $40 worth of plastic packaging. Yvon Chouinard, who runs Patagonia, is one of my close personal friends and a big environmentalist. He tells a wonderful story: he wanted to sell underwear without...
...Beginning with a clip of an Obama speech calling for “a new spirit of patriotism and responsibility,” the video has the idea that we should all make a pledge to do what we can to save our ailing country. Not just any pledge, though—only a “Presidential Pledge” will do. What that means, I’m not quite sure—Moore, for instance, pledged to smile more; Eva Longoria said she’d laugh more; and, best of all, Eva Mendes promised...
Paradise Found. The Bahamas' Nassau/Paradise Island is offering a $200 air credit to visitors who book at least three nights at one of 17 participating hotels. Save more money by taking advantage of hotel packages: at the Wyndham Nassau Resort, for instance, guests who book two nights get an additional two nights free, plus $100 in food or drink credits; nightly rates start at $309. Check the Nassau/Paradise Island website for participating properties and specials, and download the form you need to get your rebate check. Book airfare and hotel stays by April 6 for travel through...