Word: rescuees
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Federal Reserve chairman Ben Bernanke, who in March put up $29 billion to entice JP Morgan Chase to take over struggling Bear Stearns, and Treasury Secretary Hank Paulson, who just over a week ago committed up to $200 billion in taxpayer funds to rescue mortgage lenders Fannie Mae and Freddie...
The focus now is on the insurance giant AIG, where fears are that losses in real estate investments will spark a credit-rating downgrade that could lead to the firm's unraveling. On Sunday AIG reportedly asked the Federal Reserve for a $40 billion bridge loan to tide it over...
Britain's Prince William announced on Monday that he will train with the Royal Air Force (RAF) to be a full-time search and rescue pilot. His surprise career choice prolongs a relationship with the military that has periodically come under strain through a series of controversies surrounding the privileged...
For years William, 26, has professed a desire to dip into various professions in preparation for his ascension to the British throne. For the last two years, he has undertaken a number of training courses in the military. But instead of ending that military chapter and moving on to another...
The Ethnic Divide I partly agree with Andrew Purvis' Briefing on Georgia [Sept. 1]. However, on the question of the two ethnic entities now not being able to live side by side any time soon, one must remember that toward the end of the former Soviet Union the South Ossetians...