Word: solding
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...bolsters Republicans who have been arguing that the stimulus bill, which most economists credit with speeding economic recovery, has only made matters worse on the job front, with October's numbers showing that the economy is continuing to shed jobs. "It's bewildering to see the same Administration that sold its trillion-dollar spending plan this spring as a guarantee against 8% unemployment claiming it created 1 million jobs, especially since it is a sad fact 3 million jobs have been lost since the stimulus was signed into law," said Senate Republican leader Mitch McConnell on Thursday...
...called Prosperity Gospel for helping bring it on - and predicted that their churches' popularity would tank along with parishioners' portfolios. But Osteen, at least, is going strong: donations at Lakewood Church in Houston, where he is senior pastor, are steady. Attendance is up 10%. He preached to a sold-out Yankee Stadium in April. And he has just released a new book, It's Your Time, out Nov. 3. TIME talked to Osteen about whether his message helped cause the financial crisis, why his teachings are so popular and his advice for making it through hard times. (Watch a video...
Pamuk won the Nobel Prize in Literature in 2006. The native of Istanbul is now a professor at Columbia University, where he teaches comparative literature and writing. His books have sold over seven million copies, and his statements on politics have generated much controversy, especially in Turkey...
...there if not for the implosion of his longtime employer Bear Stearns, where he headed corporate strategy and helped wind down the firm's business amid the financial panic of 2008. The demise of Bears Stearns marked the rise of Begs the poker player. After the firm was sold to JPMorgan in March of 2008, Begleiter was without work and looking for someplace to let off steam. "I decided what the heck," he recalls. "I'm going to play the Main Event...
...stickers on the front page of local newspapers. The ads begin, "Due to losses caused by Bernie Madoff," and then detail such treasures as original art by Peter Max, Salvador Dalí and Norman Rockwell - as well as Rolex watches and "other flashy items" - that are to be sold to "recover losses from Ponzi scheme." Trouble is, it's hard to tell whether any of the merchandise at these auctions was owned by Madoff or those he ruined or if the ads are just a dubious way to drum up traffic for run-of-the-mill estate sales...