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...built former Dartmouth football player and former head of Goldman Sachs and mild-mannered Ben Bernanke have been accused of manipulating a major decision by a public company, Bank of America's (BAC) decision about whether it should by Merrill Lynch, overriding the normal and legal corporate governance system. Put more simply, they broke a law in the name of saving the national financial system...
Bernanke said that the economy should start to see improvement by the end of the year. He pointed to housing and inventories as signs that business and consumer activity are starting to quicken. Bernanke put in the normal caveat which is always that the government's stimulation and regulation are critical to the healing process. If the economy could have healed itself, it would have already. (See pictures of the global financial crisis...
Anyway after the jump, more on what you can find inside this season's sexuality magazine.The magazine starts off with a letter from the editor. She explains that H-Bomb has been struggling to raise enough money to put out the magazine they wanted. But wait, its recession-chic! It makes you focus on the content...
...last time I saw Sherzai, who is an accomplished lyricist, he was belting out a newly written ode in Pashto to the Taliban in the domed atrium of his Baroque governor's palace. A turbaned Pavarotti with a deep voice burnished by years of cigarettes, he put one hand on his heart and, with the other raised in a beseeching manner, chastised his enemies. "Once, we stood side by side fighting for our country/ Leave me some pride in those memories/ Your worth is more than in killing yourself/ You slaughter your brother while calling out God's name/ Come...
...Lanka as it struggles to set up camps with decent food, water and sanitation for tens of thousands of refugees. It will be even more important as the country tries to rebuild the north after nearly 30 years of war. Spending on military pay, pensions and hardware has put a huge burden on Sri Lanka's budget. This year, the government's total tax revenue, after debt servicing, will not be enough to meet its expected spending. And yet the Sri Lankan government has not only refused to accept humanitarian conditions on aid; it has tightened its position on access...