Word: truth
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...argument over the Treasury Department's use of new TARP funds and other stimuli focused a great deal on putting $500 billion into propping up banks and another $1 trillion into freeing up credit. Some media outlets put the total number closer to $2 trillion. The truth is there are so many moving parts in the programs that it is easy to see how even the most sophisticated observers might miss a detail...
...truth, the apologies - much like the banks' dodgiest assets - are of limited value these days. Failures at HBOS and RBS forced the British government into a $55 billion bailout in October, saddling it with more than a trillion pounds (roughly $1.4 trillion) in liabilities. In a jam-packed committee room, the former bankers picked over their biggest mistakes. Shelling out some $15 billion for a chunk of rival Dutch lender ABN Amro in mid-2007 - when all the signs were pointing to a testing time for banks - was "a big mistake," Tom McKillop, RBS's former chairman, told the committee...
...Obviously in today’s economy, people aren’t going to rush into [retiring],” Oseasohn said. “To tell you the truth, even if the University decides to do it, it’s not clear that it’s going to make a huge difference in the budgets...
...establishment. The Huffington Post's readers are likelier to be younger, leftier and more politically engaged than most of the consumers of the old-school media outlets, so it's also a way of reaching straight into his base. Stein's question was whether Obama would consider instituting a Truth and Reconciliation Committee for Republicans - similar to the one established after apartheid in South Africa - as had been suggested earlier that day by Vermont Senator Patrick Leahy. Good question, but not a hard one to deflect...
...Michael Emerson, associate senior research fellow at the Brussels-based Centre for European Policy Studies, says Europe's hesitation stems from the general skepticism that the Afghan policy is on the right track. "We are at a moment of truth on what the real strategy is on Afghanistan," Emerson says. "If the question is, Can Obama get a blank check?, the answer is no." Emerson also warns that Europe's own resources are limited. "It is absolutely clear that some European countries are pathetically organized in terms of deployment, and that is a major problem," he says...