Word: worthely
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...Yahoo! (YHOO) and Time Warner were downgraded by a Wall St. analyst yesterday. His reason for cutting Time Warner is that, once its cable systems have been spun-out to shareholders, its crown jewels which include Time Inc, AOL, and networks such as CNN were not worth the multiple at which the company trades. The essence of his argument is that content, even the best content, is losing its value...
Republicans like Douglas, the head of the National Governors Association, who met with Obama at the White House last week, say they too object to some parts of the stimulus but feel it's a price worth paying "to get America moving again." However, Sanford and other conservative governors, like Louisiana's Bobby Jindal, Mississippi's Haley Barbour and Alaska's Sarah Palin - all of whom signed a statement last week against Obama's plan - fear that the moderates are selling out the GOP in the long run for a short-term spending orgy. They also object to what even...
...course, the government hopes the aggregator bank model it is proposing, with private investors actually making the purchases, gets around the difficult job of having the government figuring out just what these bonds are worth. But it is not clear it will. Even if private investors name the prices, the government will still have to certify the values are reasonable before providing insurance or some other type of incentive to get the purchases complete, if it cares about not throwing more taxpayer money down the rat hole...
...Luxury Collection hotel in Portland, Ore., is practically giving away rooms for $99 per night through April 18. The hotel is perched on the top nine floors of a former department store with a library stocked by famed local bookseller Powell's, which is within walking distance and definitely worth a visit. 525 SW Morrison Street...
...point, Khan was worth some $400 million. With his clandestine income, Khan became a multimillionaire who collected vintage cars and foreign properties. Outside his mansion in Islamabad, he had a jasmine bush trimmed into the shape of a mushroom cloud...