Word: soon
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...date the most expensive corporate bailout in American history, requiring $180 billion in government funds. But it may soon have competition. Last week mortgage giant Freddie Mac said it had lost $50 billion in 2008 alone. A look at the company's books suggests the government will have to spend at least triple that much to save the financial firm from collapse. If the housing market worsens, the tab could be even larger...
...asset side of Freddie's balance sheet. That means Freddie is still hoping to claim $15 billion in write-offs against future profits. But since Freddie continues to lose money and is now part of the government, the likelihood that it will have to pay taxes anytime soon is probably nil. Add up all those items, and it becomes apparent that the government will probably spend more than $100 billion in additional funds cleaning up the mess at Freddie...
...modafinil, in many ways, is a very good thing. It was first marketed for treating narcoleptic sleep disorders in 1998, but doctors soon began prescribing it off-label to control attention-deficit hyperactivity disorder (ADHD) and even the symptoms of schizophrenia. What starts off medicinal, however, often goes recreational, and modafinil soon developed a following among people (students, writers and others) who wanted alertness in a pill, either to become more productive or simply to have more...
...This year, my team entered into its second year as a competitive squad, receiving a bid to the crème-de-la-crème of collegiate cheerleading competitions—NCA Nationals in Daytona Beach, Florida. Yet, this amazing accomplishment soon became overshadowed with the costs of the expedition, totaling a whopping $16,000 for entrance fees, travel expenses and lodging. Between practices, two-a-week basketball games, and fundraising to account for the hefty costs, the time commitment to cheerleading began to look like that of a varsity athlete...
Hungry students looking to grab a bite in Maxwell Dworkin will soon have to search elsewhere, as the building’s café will cease operations starting this Friday...