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...billion in bailout funding when it is delivered - which amounts to a mere 0.1% of the total AIG has received. Assorted Senators, from New York Democrat Chuck Schumer to Montana Democrat Max Baucus and Iowa Republican Chuck Grassley, have proposed a number of tax and legal schemes to snatch back the bonus bucks from AIG FP executives - 73 of whom got payouts of $1 million or more, according to New York State attorney general Andrew Cuomo. (Read "Treasury Learned of AIG Bonuses Earlier Than Claimed...

Author: /time Magazine | Title: How AIG Became Too Big to Fail | 3/19/2009 | See Source »

...Alas, therein lies Target's problem. Things are so bad, even cheap clothes are a luxury now. Why pull a new shirt off the store rack when you can snatch one out of the closet for free? Food, however, is not discretionary. Everyone has to eat, and more consumers want to dine at home to shave expenses. And there's a certain merchandising mammoth fulfilling that crucial grocer's role for consumers much better than Target. (See pictures of stores that are no more...

Author: /time Magazine | Title: Walmart vs. Target: No Contest in the Recession | 3/14/2009 | See Source »

...snatch from extinction's grasp a critter so reclusive it's an afterthought for government funding when compared with A-list animals like the panda? Answer: Do what sports teams have done with their stadiums. Brand the wombat with a corporate logo...

Author: /time Magazine | Title: Wombat Love | 3/12/2009 | See Source »

...sealing the Crimson’s fate in a heartbreaking 61-59 loss at Brown on Friday night.“We can hang our heads and cry and moan,” coach Tommy Amaker said. “But if we can’t snatch a rebound or come up with a loose ball or make a front end of a one-and-one down the stretch, that’s the difference in a tight game like this...We left the door open for them to make a play like they...

Author: By Walter E. Howell, CRIMSON STAFF WRITER | Title: Crimson Falls in Game’s Waning Seconds | 3/9/2009 | See Source »

...involving two former Tiger factions as well as military and paramilitary forces. This growing insecurity, says Paikiasothy Saravanamuttu, executive director of the Centre for Policy Alternatives, a public-policy institute based in Colombo, is a result of the government's failure to think beyond its military strategy. "You can snatch a political defeat from the jaws of military victory," Saravanamuttu says...

Author: /time Magazine | Title: The Tigers' Last Days | 2/19/2009 | See Source »

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