Word: either...or
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...bailed out in part because they were big players in the market for credit default swaps, derivatives that are meant to insure against loans gone bad. Regulators have such an unclear picture of who's on the hook to whom in this market that they feared the collapse of either firm would spark a chain reaction of defaults, and investors are so panicked by the unknown that they are selling shares in even seemingly healthy investment banks Goldman Sachs and Morgan Stanley...
...wealth management units. That's part of what attracted Bank of America - B of A CEO Ken Lewis called it "the crown jewel of Merrill Lynch" - so chances are, your broker isn't going anywhere, and he or she will try to make sure that you don't either. B of A plans to keep the Merrill name and organization intact...
Surprisingly, the most compelling performance at the Republican National Convention two weeks ago came not from the presidential nominee, but rather from his running mate, the bright new star of the Republican party: Alaska Governor Sarah Palin. As most of the international media has either enthusiastically or begrudgingly remarked, Palin did remarkably well that Wednesday night. Demonstrating her dexterity both on stage and on the attack, Madame Barracuda’s speech catapulted her onto the national conservative stage with great gusto, ensuring her place on it for years to come...
...However, this is not to say that either McCain or Palin has had such experience. The key point is that there are few experiences that can genuinely prepare one for—much less replicate—the complex strategic tradeoffs faced by the commander-in-chief of a nation at war. A good counterexample might be commanding a wartime squadron during combat. However, as former NATO Supreme Allied Commander Wesley Clark recently pointed out, none of the current candidates can claim that experience. While valiant, Clark insisted on CBS’s Face the Nation, John McCain?...
...gross deficiency as the College struggles to reconcile the general requirements portion of its curriculum.Instead of a robust selection of exciting new Gen Ed courses for freshmen and a diverse and solid group of Cores for continuing upperclassmen, we are faced with a meager smattering of both. There are either one or zero offerings available in each of the Gen Ed categories this fall, and many Core fields are equally scarce, such as Literature and Arts C. (Only two Lit and Arts C course will be offered in the fall, and only three will be offered in the spring...