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...Treasury has already been through a round of throwing money at financial firms in exchange for equity and the possible right of making sure bank executives get the salaries they deserve rather than the ones their boards give them...
...sports car that will sell for more than $100,000. Telsa has asked for $480 million in government money, while A123, which has developed a lithium-ion battery for cars, is seeking $1.5 billion. The smaller companies, many of them based in California, have been lobbying hard to make sure they get their share of the $25 billion. They have received support from House Speaker Nancy Pelosi and Governor Arnold Schwarzenegger...
...Still, Lugar wanted to make sure that he had made his point. In an afternoon session, he returned to the dangers of any impression of a conflict of interest. "The foundation exists as a temptation to any foreign entity or government that believes it can curry favor through a donation," he said, and urged Clinton to adopt three additional measures: first, to disclose all donations over $50,000 immediately rather than in one year's time; second, to disclose all pledges over $50,000 by foreign individuals or businesses immediately; and third, to submit to the State Department ethics review...
...Park Campus at New Orleans' Delgado Community College, one of two schools in the study, says she understands why some people are concerned that cash incentives are nothing more than bribery. "But on the other hand, I think because I am involved with these students daily, I'm not sure that I'm opposed to bribing," she says. "If that's what we need to do for these people to reach these goals, which ultimately will lead to them having a better life, I wish I had more money to give...
...close the Egyptian proposal mirrored Hamas' demands for a cease-fire in the 19 day-old conflict. When the assault started, Palestinians accused Egypt of catering to Israel (Cairo had just played host to Israeli Foreign Minister Tzipi Livni). The Hamas source commented pessimistically, "We're 100% sure that Israel won't accept our demands, but let's see how far the Egyptians get with them." Israeli Prime Minister Ehud Olmert held a late-night meeting with his advisers to brief envoy Amos Gilad, who flies to Cairo Thursday for talks with the Egyptians. (See pictures of Israeli soldiers sweeping...