Word: summer
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Dates: during 2000-2009
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...Veteran analyst Richard Bove of Rochdale Securities, who had been recommending Citi's shares since the summer, downgraded the stock on news that it was going to repay TARP from a "buy" to a "sell" rating. "What does it do for the company? Management can increase [executive] salaries," says Bove, referring to the fact that Citi will now be free of the government's compensation rules. "What else? Nothing...
...steampunk bands and Victorian-inflected steampunk fashions. There are 27 steampunk iPhone apps available on iTunes. Magazines like Steampunk and blogs like Brass Goggles and the Heliograph track the scene. A museum in Oxford, England, is currently holding an exhibition of steampunk art. The steampunk meet-up at last summer's Comic-Con in San Diego was mobbed. In late October, Seattle hosted Steamcon, its first annual steampunk convention...
...personal-finance adviser, Farrell has plenty of penny-pinching commandments at the ready. "Clip coupons," he intones. "Watch for sales. Trim cable, cell-phone and Internet costs. Don't pay ATM fees. Find no-fee checking and savings accounts. In the winter, turn down the thermostat, and in the summer, use ceiling fans instead of air-conditioning. Feed your family home-cooked meals and take the leftovers for your lunch at work...
...Obama has made some attempts to play hardball with Wall Street, however. Last summer, JPMorgan tried to lowball the Administration on warrants it wanted to buy back from the government. JPMorgan's chief, Jamie Dimon, called Treasury Secretary Timothy Geithner in July personally to pressure him to sell at the low price. Geithner held out and auctioned the warrants off last week for tens of millions more than Dimon had offered, sources familiar with the negotiations tell TIME...
...government has installed security cameras on major highways, where more and more smoldering frames of forestry trucks are being found after Mapuche hijackings. Tourists have also been warned during this southern hemisphere summer, when the forestry attacks have been escalating, not to use major roads at night. At the same time, Mapuche leaders have made it clear that the latest surge of attacks is part of a strategic push to undermine Chile's bicentennial celebration next year...