Word: wall
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...Wall Street is growing more optimistic: Moody's Investor Services recently raised the company's credit rating two notches, to Caa1, its first upgrade in 14 years. "The rating actions reflect Moody's belief that after a period of intensive restructuring of its operations and balance sheet, Ford's business viability has significantly improved," Moody's report notes...
...year ago today, the venerable investment-banking firm Lehman Brothers filed for bankruptcy protection after the Federal Reserve and the Treasury Department pointedly refused to bail the company out, and no other Wall Street outfit was willing to step into the breach. It was the largest bankruptcy ever in the U.S., but the really big news was what happened afterward. First came a financial panic that threatened to shatter the global capitalist order, then came an unprecedented, and unprecedentedly expensive, effort by governments on both sides of the Atlantic to patch things...
...possibility that Israel will bomb an unrepentant Iran has been well documented. The Wall Street Journal has highlighted on its editorial page the potential crisis this may pose for the Obama administration, while the Los Angeles Times has featured an editorial arguing that Iran’s lack of cooperation in September could lead to a unilateral Israeli response in self-defense...
...necessity can make history obsolete. As proof, the Obama Administration has launched a full-court press to win Shelby's support for its financial-reform proposals, which the President will push Sept. 14 in a noon speech at Federal Hall on New York City's Wall Street. "We are in almost daily contact with [Shelby's] staff and have been going over the proposal with them literally line by line," says a senior Treasury department official. Shelby and the Senate Banking chair, Democrat Chris Dodd, have also been working together closely. "[Shelby's] folks are deeply engaged and we share...
...plane, through the front doorway, and up the stairs to Dad's bedroom. His eyes were closed. I would let him have this last peaceful sleep. The television set near his bed caught my eye. I lunged at the connecting wires and ripped them from the wall." (See "The Lion of the Senate, Edward Kennedy...