Word: spent
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...Treasury Department is quickly running out of money to invest in troubled banks. A TIME.com analysis of public records shows that nearly one-third, or $216 billion, of the $700 billion that Congress approved to be spent just six weeks ago has already been spent or will soon be sent to just 67 banks. That's a small fraction of the up to 1,800 financial firms that are expected to apply for government assistance...
...Second Curve Capital, specializes in financial firms. "If it does happen, it will be select purchases." Neel Kashkari, who is heading up TARP, has said that $250 billion will cover the demand for direct investments from banks. And Treasury officials say $40 billion of the money that has been spent was a onetime emergency investment into insurer AIG and should not be counted as part of the $250 billion they plan to invest in banks. Still, the AIG investment depletes the amount of money left for buying troubled bank assets. (See activists protest the bailout...
...whom I recognized instantly for the rather nice reception he’d made a few games prior. Instead of commending him, however, I chose to mispronounce his name, acting as if I hadn’t heard correctly. The rest of my time there was likewise spent on guard.Whether or not you are used to being bitten by the awkward turtle, unwittingly revealing one’s inner creeper is never pleasant. So, now when you fight the urge to wave at that warm-ups boy from your house, or comment on that girl in section?...
...like many other candidates male and female—enjoyed the opportunity to buy nice suits and get cleaned up for her public appearances. But Palin took this indulgence to a whole new level. In a news item that exploded in the buildup to Election Day, Palin may have spent nearly $200,000 on clothes for herself and her family. One aide described the behavior as “Wasilla hillbillies looting Neiman Marcus from coast to coast.” The governor’s irresponsible shopping spree highlighted the risks of putting a credit card in the hands...
...glad-handing politicos who started campaigning for the Oval Office the minute they entered the Yard. Ignore them, my dad said. The people who will actually succeed in politics are smart enough to keep their ambition quiet. I tried to avoid the presidentials at first. But the longer I spent at Harvard, the more fascinating they became. Most Harvard students are pretty ambitious. But wanting to be president—and letting people know it—that seemed like a whole different level of ambition. Maybe all these presidential kids were just a bunch of tools...