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Next, come the executives. Chrysler CEO Robert Nardelli and his key lieutenants, Vice chairman Jim Press who came from Toyota in 2007 and vice chairman Tom LaSorda, are also thought to have stakes in Chrysler via their employment agreements with Cerberus. Since Chrysler is a private company, the details of executive stock ownership are not public...
This is a fundamental misreading of the U.S.-China economic relationship. The Chinese RMB would go up in value relative to the dollar (exactly what some critics seek) if the Chinese did repatriate more of the money they earn via exports instead of reinvesting those dollars back into Treasuries. But the Chinese, despite some scary stories that have circulated to the contrary, show absolutely no sign of doing that. In November, the last month for which data is available, Beijing actually added $29 billion to its overall position in U.S. debt. (Beijing sold $9.2 billion of long-term U.S. Treasuries...
...Enter Facebook, which provides a constant flow of information via short updates from everyone a user knows: a distant cousin is glad he skipped the cheeseburger chowder; a colleague has a new book on sale; a close friend is engaged or newly single. Jenny and I, along with three of our childhood pals from Saratoga Springs, N.Y., learned that a dear old friend had ended her seven-year relationship through a Facebook status change. We expressed dismay, albeit through Facebook's IM feature, that we had to learn such potent information in this impersonal way. (See the best social networking...
...before Israel has elected a new government - possibly, one with little interest in a truce with Hamas. But even an unspoken truce would have to involve the opening of crossings to relieve the humanitarian catastrophe and would require mechanisms for monitoring the flow of goods into Gaza and smuggling via tunnels. In other words, even an unspoken cease-fire will require many of the features of a formal one. Hamas has also insisted that it won't accept another vague or open-ended cease-fire without defined timetables and verifiable goals, although its ability to hold out for its terms...
...package together to send to Barack Obama, what should we ask for?" Richardson posed the question at the start of the meeting. The answers were varied and thoughtful. Why not encourage high school students to get passports to promote foreign travel? Why not sponsor overseas pen-pal programs via the Internet? Should there be more awards to recognize great teachers...