Word: names
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...went. The Rocky cut back its statewide coverage and pretty much ignored Colorado's burgeoning Hispanic and newcomer populations. The paper also committed the ultimate sin in journalism: it was boring. What did Scripps do? Reduce subscription prices, mount a few lame marketing campaigns and change the paper's name to the Denver Rocky Mountain News...
IndyMac will soon earn the first half of its name back. The Federal Government, which seized the failed bank last summer, is expected to close a deal in the next week that would return the California mortgage lender to private ownership. For IndyMac, the deal means independence in less than eight months. For the government, the IndyMac sale provides a shining example of how takeovers can work, at a time when the Obama Administration may soon begin pushing for more nationalizations. (See 25 people to blame for the financial crisis...
...those cases, the FDIC already had buyers lined up for the failed institutions by the time they were taken over. Troubled banks are generally closed on a Friday and given to new owners over the weekend. In most cases, the failed bank's branches reopen with a new name on the door the following Monday. The one exception is IndyMac, which the FDIC decided to nationalize rather than sell off immediately. (See the worst business deals...
...think everyone in the country is disappointed with what has happened, especially the one million who stood on this square," says Roksolana (who declined to give her last name), one of the around 20 protesters who have set up camp there. "We are against everyone in power. We want transparent authorities who don't steal and an end to corruption. We'll stay as long as it takes...
...scholarships - something that becomes increasingly important as the deteriorating economy causes philanthropic giving to dry up. No one disagrees that isolating academia from the industry may be ideal, but even many academics concede that the cooperation yields more good than harm. And while Harvard might be the highest-profile name that was posted on AMSA's grade list, it was hardly the only one that flunked: 40 out of the 150 schools surveyed received F's; only...