Word: sixes
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...some of the largest banks will go bankrupt unless they get significantly more government assistance. Indeed, the government last week released a plan to help boost Citigroup's common equity by $50 billion. It is the third round of financial help the government has provided Citi in less than six months. Still, the bottom lines of banks, while ugly, are expected to look significantly better in 2009 than in 2008. And that's not something that can be said of other sectors...
...could turn into something much uglier, meaning a Japanese-style L-shaped recession. We're in the worst global synchronized recession in the last 60 years. Unless we take the right policy actions, we'll end up in a near depression. I did not want to use that term six months ago. At that time, I said the chances of a near depression were only 10%. But today those chances are 33% or so. (Read "25 People to Blame for the Financial Crisis...
...President Barack Obama doing? I have to give [the Obama Administration] credit. In about six weeks, they have done three major things: the $800 billion stimulus package, a mortgage program that is much more than the previous Administration did and a bank plan that, however flawed, at least has the benefit of not having another bailout of the banks. The glass is half full. But for each one, there are some flaws ... the bank plan wants to pretend that the government is half pregnant with the banks. The debate is between partial and full nationalization, not between nationalization...
...from those of the other longitudinal study, conducted by Dr. Dimitri Christakis at Seattle Children's Research Institute, which found that DVD-viewing hindered toddlers' ability to learn vocabulary. In that study, with each additional hour spent in front of a screen, babies at 8 to 16 months learned six to eight fewer vocabulary words than infants who stayed away from videos. "We don't have any definitive answers yet as to what effects TV-viewing can have on infants with respect to cognitive outcomes," says Christakis. "But here is what we do know - there is absolutely no benefit...
...want to stimulate your baby's brain, he says, try simply playing with him. In a recent study, Christakis showed that basic activities like playing with blocks with an 18-month-old can improve his language skills six months later...