Word: wall
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...Energy is putting taxpayers on the hook for bailing out costly and dangerous nuclear-reactor projects when the loans used to finance those projects default," said Ben Schreiber, the climate- and energy-tax analyst for the Friends of the Earth, in a statement. "This is great news for Wall Street but a bad deal for Main Street...
...with construction delays, and the Congressional Budget Office (CBO) estimates that the risk of default on a new nuclear plant is higher than 50%. In a conference call with reporters, Energy Secretary Steven Chu seemed unaware of the CBO report, although he downplayed the fiscal risk. "Even Wall Street traders say these reactors are too risky to invest in," said Schreiber...
...perpetual favorite among economic bloggers, former University President Lawrence R. Summers is on the shortlist for working to repeal the Glass-Steagall Act and collaborating with Greenspan and Wall Street to prevent efforts to regulate derivatives...
...pictures of TIME's Wall Street covers...
...strong starters, and on a shorter course, the weaker starters, who excel at negotiating the curves, don't have enough time to pick up speed at the bottom of the mountain. "God blessed the Germans today," says Ruben Gonzalez of Argentina, who came in last. "Once I saw the wall up, I though we were fine. They didn't have to move the start. At the next World Cup they have here, you watch, they will be starting from...