Word: tarps
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Dates: during 2000-2009
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...amid the brouhaha of objections raised, several Charlesview residents lashed out at their neighbors for attempting to delay the move, thereby forcing them to remain in the aging apartments while the developers modify the proposal again. One community member attested to the poor living conditions, describing the use of tarp to direct rainwater leaking from the roof into buckets placed along the hallways...
...result of declining revenue - people are making less money so they're paying less in taxes - and increased spending. So far, the government has spent $530 billion more this year than it did last year, a number that includes $169 billion for the Troubled Asset Relief Program (TARP), $125 billion for the American Recovery and Reinvestment Act and $83 billion to bail out Fannie Mae and Freddie Mac. And that doesn't even account for the spending scheduled for next year. Add to this the projected $1 trillion price tag of Obama's proposed health-care plan and things begin...
...Banking Committee chairman, faces a tough re-election battle in 2010 and has every reason to push for a bill. His GOP counterpart, Shelby, is a potential obstacle, but aides say the 75-year-old Senator recognizes the need for change: no one wants a taxpayer-funded bailout like TARP to be the answer every time there's a crisis. And it may be the best opportunity Shelby has in the remainder of his career to get a major piece of legislation written. All players expect the Senate version to be dramatically different from Geithner's proposal, possibly including...
...have - and then obviously the TARP bank bailout money - didn't happen under our watch, but we had to administer it. We then took on making sure that GM and Chrysler didn't collapse, because that would have potentially created additional fear in the marketplace at a time when the economy was most vulnerable. But that got advertised...
...Goldman Sachs. After reporting $23.2 billion in net revenues at 2009's halfway mark--a 31% jump from June 2008--the investment-banking giant is on track to dole out some of the largest bonuses in its 140-year history. In June, Goldman paid back the $10 billion in TARP funds it accepted, and analysts say the move underscores Wall Street's willingness, after its nuclear winter, to embrace risk once again...