Word: tanks
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...landing - was a reminder of the country's growing national might. "There are problems, yes, but the message of this is that the [Communist] Party has the right control policy because of all it has done," says Dean Cheng, China analyst with the CNA Corp., a U.S.-based think tank. Says Joan Johnson-Freese, a space expert at the Naval War College in Newport, R.I.: "The Chinese have read the Apollo playbook. They understand everything the U.S. got from its lunar program...
...Sciences in San Francisco looks like the old MGM lot back when they used to shoot five pictures at one time. Caterers hauling pumpkins are brushing past construction workers sweeping out the man-made rain forest. Divers in wet suits are hauling themselves out of the coral-reef tank. And Renzo Piano, the Italian architect who is very good at finding order in chaotic situations, looks pleased...
Some locals point their finger at Republicans for bringing the country to the brink. "I have to believe that if nothing has happened by Thursday, the market will tank," says Phil Solari, a Marietta resident and registered Democrat. Republicans, he says, "created this mess, and they're now incapable of getting their own people behind the President to vote for this bill. They either didn't understand what it meant to the average person on the street or they didn't care." - By Paige Bowers / Atlanta...
How/why is this situation different from investors simply losing their money because of bad judgment about what to invest in? Can I get bailed out when my portfolio tanks? It's a variant on the old saw (often attributed to J. Paul Getty, although I'm sure somebody must have said something like it before him): "If you owe the bank $100, that's your problem. If you owe the bank $100 million, that's the bank's problem." Leveraged financial institutions (banks, investment banks, hedge funds) make investments with lots of borrowed money, so when their portfolios tank they...
Davis, Rick •millions of dollars received from Fannie Mae and Freddie Mac's financial relationship with is revealed by New York Times •New York Times is excoriated as being "150 percent in the tank" for Obama...