Word: spent
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...dozens of large and small banks have already announced that they have received or expect to receive a capital infusion from the $700 billion bailout fund. Nearly a third of the fund has already been spent, and Treasury Secretary Henry Paulson said on Wednesday that he would like to use some of the remaining money to support the ailing market for such consumer debts as credit cards and college loans, as well as to prevent foreclosures. That leaves a dwindling fund left for the hundreds of banks still hoping to get TARP funds. Analysts and investors are growing concerned that...
...kids in a healthy environment," says Thayer Willis, author of Navigating the Dark Side of Wealth: A Life Guide for Inheritors. The daughter of multimillion-dollar parents herself, Willis says she was a "spoiled brat" in her youth. She quit jobs whenever things didn't go her way and spent money without limits - until she realized this was not the path to a satisfying existence. "Outsiders think, 'If I just had financial wealth, life would be so easy and I would be happy,'" says Willis, who now counsels wealthy families. "But none of us is given a meaningful life...
...midterms finish up and you realize you don’t actually have to attend Ec10 lectures, you will have hours of free time that you’ll spend agonizing over what Facebook gift to send to that thick biddy in Straus B. In high school, you mostly spent your time padding your resume by competing in the Tri-Valley Quiz Bowl Tournament, creating a (fake) NGO to bring snorkels and inflatable baby pools to inner-Mongolia, and teaching dyslexic ponies to read Braille (Braille works for that, right?). College, however, should be punctuated with pathetic attempts...
...anti-gay-marriage amendment to Florida's constitution, yet it passed by a wide margin last week. So was it really Crist's lack of enthusiasm for the McCain campaign that sank the Arizona Senator in Florida - or was it the fact that the peninsula's conservative Republican base spent so much time, money and effort on one of its pet issues that it ended up neglecting the larger McCain effort? Daniels (who declined to be interviewed for this article) begged off stumping for a similar marriage amendment in Indiana. It died in the state legislature; but this fall...
...life of an exiled leader used to be a comfortable one. Uganda's Idi Amin whiled away his post-dictator years in Saudia Arabia, while the Philippines' Ferdinand Marcos spent the rest of his days in Hawaii. But Thaksin Shinawatra, Thailand's former Prime Minister who was overthrown in a bloodless coup two years ago, is having a harder time finding a new place to call home. Earlier this month, Thaksin had his British visa revoked, shortly after a Thai court sentenced him in absentia to two years' imprisonment for a conflict of interest conviction. The Thai telecoms tycoon...