Word: fire
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...Treasury plans got a lot of incoming fire because they assume participation by the private sector in the process of buying assets from banks. Secretary Geithner made a very big mistake by not bringing one of these private investors to the press conference where he presented his plan. Either George Soros was not available or he turned the opportunity down. (See pictures of the global financial crisis...
...operate at break-even. That would give it additional government funds to keep it afloat while it restructures. To reach part of its goal, the company is offering incentives which it believes will get 10,000 union members off its payroll. Bloomberg has reported that it may fire another 5,000 white collar workers...
...Michaud was again the playmaker in the Crimson’s third and final goal of the night. Eagles goalie John Muse’s sloppy attempt to clear the puck allowed Michaud to swoop in to fire a shot on goal. Senior forward Nick Coskren buried the rebound for a short-handed tally...
...Premier Brumby has announced a Royal Commision of Inquiry into the fires. "We want to make sure that every single issue, ever single factor, everything in relation to the horrific weekend, to the horrific fires on Saturday is investigated and uncovered," he told reporters as he toured the fire ravaged areas. Official advice to stay and defend their homes or leave before the fire became dangerous had failed to save people, he acknowledged...
...fierce intensity of the fires is probably why so many people died. "The fire intensity was such that it exceeded the fires of 1939 [in which 71 people in Victoria died]," says Packham. "It was probably double that in intensity. If you are outside, the chances of you surviving are almost nil." That's because the heat radiation "can be so hot that it will cause death in a second or so. It's a shock to the body. The body completely fails. The lungs can sear inside and you die of asphyxiation as your lungs produce fluid...