Word: tuesday
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...Treasury has too much to do. It will delay talking about its new overhaul for banks until Tuesday while it works with Congress to help finalize a new stimulus package which may have a $800 billion price tag. It also has to prepare plans for how it will work with the Fed and FDIC to pull the financial system back together...
...Treasury has too much to do. It will delay talking about its new overhaul for banks until Tuesday while it works with Congress to help finalize a new stimulus package which may have a $800 billion price tag. It also has to prepare plans for how it will work with the Fed and FDIC to pull the financial system back together. (See who's who in Barack Obama's White House...
...Tuesday, Treasury Secretary Timothy Geithner is expected to announce the administration's plans for the second half of the $700 billion bank bailout approved by Congress last fall. The centerpiece is likely to be a government-backed aggregator bank (the much-discussed "bad bank"), which will provide financing and loss protection for investors willing to buy the troubled assets sitting on bank balance sheets. Those delinquent loans, or the bonds tied to them, are dragging down the financial firms' value, putting some dangerously close to insolvency...
...have a face and a voice to go with the object of our wrath: Suleman, who bears an ironic passing resemblance to celebrity multimom Angelina Jolie, sat down with NBC's Ann Curry to start to tell her story; the full interviews will air today and Tuesday. Suleman said plenty that will make people squirm even more. But she also exposes how publicly divided and personally judgmental we are about decisions that are, under any normal circumstances, none of our business. (See pictures of the annual Twins' Day festival...
...fourth of Israel's 5.2 million voters are still undecided, but if Tuesday's results mirror the earlier polls, Netanyahu is likely to lead a rightwing coalition cobbled together with Lieberman's party, along with the ultra-religious and nationalist parties, all of which oppose giving up land to the Palestinians for a future state, a solution pushed by the U.S. and the international community...