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...playoff system in college football - a goal whose gravity and significance pale in comparison with the goal of reducing the number of brain injuries occurring at all levels of football. Congress has rarely hesitated to assert its right to police professional sports, from pressuring baseball to enforce tougher steroid penalties to threatening to end the NFL's antitrust exemption. Hearings that shed further light on football's concussion crisis would be a more productive use of the power of the congressional subpoena. (See pictures of eccentric college mascots...
...page paper with proposals to address just about everything that went wrong before the meltdown, from unregulated brokers who peddled toxic subprime mortgages with brutal fine print to in-the-tank ratings agencies that vouched for house-of-cards financial instruments they didn't even understand. He proposed much tougher oversight of derivatives, hedge funds and nonbank financial firms like AIG, as well as so-called resolution authority to help public officials wind down failed behemoths like Lehman Brothers during a crisis without triggering a panic. Geithner then shipped hundreds of pages of legislative language to the Hill...
...late December, Obama's entire economic team agreed to support the rule, along with limits on the size and scope of banks that go beyond the amendment Kanjorski drew up. Geithner would have preferred to limit risk-taking through tougher rules on leverage and capital - and he's still planning a push on that front - but in an election year, it was easy to see the value of having Volcker inside the tent. "The narrative is changing," Warren says. "In 2010, Congress will have a basic choice between taking the side of banks and taking the side of families...
Financing inventory, however, is only one part of the equation. Consumers have more choices now; the competition has gotten much tougher. Also, consumers are much less loyal to brands, so the negative impact could be more severe. "Toyota is big enough to survive, but this hits them at the core. The recovery plan coming out of this mess is going to be critical," says Toprak, who suggests that Toyota will probably have to spend heavily on advertising and incentives to restart sales when the problem is finally identified. (See the most important cars of all time...
...think sometimes they need to see the ball go in the basket before they can get a little more confidence,” Amaker said of his rookies’ first conference road game. “Sometimes being away from home, it’s a much tougher situation than they would probably expect...