Word: speeches
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...Geithner's first big day as Treasury Secretary: a speech at 11 outlining the revamped bank bailout that he has redubbed the Financial Stability Plan, then an appearance before the Senate Banking Committee at 2:30 to take questions on the topic...
...favorite quickie measure of financial journalists - the performance of the stock market - he was a complete flop. The S&P 500 fell almost 5% over the course of the day, with the sharpest drop coming just as Geithner began his speech in the Cash Room of the Treasury Building. (See the worst business deals...
Geithner seems to have opted instead to underpromise and - one hopes - overdeliver. "We will make mistakes," he said in his speech Tuesday morning. "We will go through periods in which things get worse and progress is uneven or interrupted." (See the top 10 financial collapses...
Obama tried to tweak the conservative governors as well as Republicans in Congress when, in his speech at Fort Myers, he suggested that "governors understand an economic crisis in a way that maybe folks a little more removed don't." Which is why Crist and the moderates are probably making the safer bet among GOP governors. The severity of the crisis means that stimulus, love it or hate it, is a train that's pulling into all of their states. So the governors who may stand to emerge looking smartest are those who, as Crist puts it, "know...
...performed a combination of martial arts and dance moves to a techno version of a marching song. They were followed on the stage by Tom & Jerry and a moderator who offered a prize for the right response to a quiz question: "Where did the Imam [Khomeini] deliver his first speech?" There were at least a dozen wrong guesses before someone ventured, "At the airport...