Word: swooned
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Ironically, what helped start the rally in mid March were upbeat words from Citigroup CEO Vikram Pandit about Citigroup's profitable performance during the first two months of 2009. Friday's stock market swoon, traders say, was partly triggered by cautious comments from Bank of America CEO Ken Lewis and JP Morgan Chase CEO Jamie Dimon, who both noted that March was proving to be a more difficult month than either January or February. As Dimon told Bloomberg TV while standing outside the White House after a group of bankers met with President Obama, "This downturn - it's pretty powerful...
...balance sheet of debacles caused by this economic crisis - the $700 billion Troubled Asset Relief Program (TARP), the stock-market swoon, the credit crunch and the ongoing global recession - $165 million is small change. But the revelations of the AIG bonuses, like nothing else, seemed to finally tip the mounting public furor over corporate malpractice into a full-scale rebellion. Yet Geithner, embarrassed for discovering the bonuses so late, plans to dock AIG that much out of the next $30 billion in bailout funding when it is delivered - which amounts to a mere 0.1% of the total AIG has received...
Motherhood, by the way, looks good on her. Onscreen, she's lush and full: any woman who has breast-fed will recognize the source of her Duplicity cleavage. Her Claire makes Owen's Ray even more swoon-worthy; we know he appreciates a real woman. If you're nostalgic for the pretty woman in pink-and-black spandex, too bad. Roberts isn't shoehorning herself back into a prostitute's work outfit. She's too sensible to even try. All the more reason to hope she's still a trendsetter...
...Penn looks to finish respectfully after a midseason swoon. Columbia is picking up the pieces after an impressive start to the season. Look for the Lions to do well at home...
...chief executives at private colleges reaped just 11 of the top 88 salaries awarded during the 2006-07 fiscal year, according to a compensation analysis. Even those educators may feel the pinch soon: a separate survey warned that fundraising totals at major schools are dipping amid the recent economic swoon...