Word: exchangee
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With the clock ticking on the hemorrhaging U.S. auto industry, the Bush Administration agreed to come to its rescue by offering a total of $17.4 billion in loans in exchange for concessions from the ailing companies and their workers. A majority of the funds will be offered to General Motors...
The volatility of the past year is a product not simply of supply and demand factors, but are caused by the ways in which oil is traded, say some experts, who recommend the introduction of mechanisms designed to prevent speculators from plunging into markets and withdrawing billions of dollars just...
I can't understand why there's no talk in Congress about moving auto manufacturers' health-care systems into the federal system in exchange for an equity investment that--as journalist Thomas Friedman has suggested--requires the hybridization of their entire fleet. The federal system includes several large health-care...
2 | Illinois Cleaning House The Illinois house of representatives took its first steps toward removing embattled governor Rod Blagojevich from office, voting 113-0 to create a bipartisan committee to look into whether he should be impeached. Blagojevich has no plans to resign, and the inquiry could take weeks. In...
Of course, we never heard the name Madoff - which has a peculiarly Dickensian ring now - and had no idea how he achieved such fantastic returns over the past 40 years. All we knew was that my wife's entire family had been in the fund for decades and lived well...