I thought this would be posted by now:
But the dramatic move means that at least temporarily the U.S. government would have the right to call all of the shots at the Detroit automaker -- as part of its $15.4 billion in loans to GM to date. GM said today it expects to receive another $11.6 billion in loans from the government this year.Read below the fold...
Last week Wellpoint (the parent company of my own adopted parasite, Empire Blue Cross Blue Shield) posted a first quarter net income which had gone down from the previous quarter, but not so much of a decline as Wall Street had expected.
WellPoint Inc.'s (WLP) first-quarter net income fell 1.3% Wednesday on sharply higher investment losses and amid continued enrollment declines, but the health insurer's strong operating performance offers further encouragement for the pressured industry.
I'm so relieved! Read below the fold...
I've been on this soapbox before.
There are about six things you can do to be sure you don't get the swine flu.
Three of them are WASH YOUR HANDS:
- wash your hands after blowing your nose or sneezing,
- wash your hands after shaking hands or handling shared objects (door handles, telephones, pens, etc.),
- wash your hands BEFORE touching your eyes, nose, mouth or eating.
(Washing your hands after going to the toilet I shouldn't have to remind you of, but why not take advantage of opportunity?)
The fourth thing is don't panic. The fifth and sixth things are part of the same thing: minimize your exposure.
Given what we know right now, what "minimize your exposure" means is,
A bill sent recently by the Treasury to Capitol Hill would give the Obama administration extensive new powers to inject money into or seize systemically important firms in danger of failure. It was drafted in large measure by Davis Polk & Wardwell, a law firm that represents many banks and the financial industry’s lobbying group.
Mr. Geithner also hired Davis Polk to represent the New York Fed during the A.I.G. bailout.
Incest is nicest! Read below the fold...
Healthcare-NOW! is calling for a national day of action on May 30.
Planning is happening in:
Albany, NY - May 27thRead below the fold...
Atlana, GA - May 27th
Augusta, ME - May 30th
Austin, TX - May 30th
Indianapolis, IN - May 20th
Lawrence, KS - May 30th
Louisville, KY - May 28th
New Albany, KY - May 30th
Pittsburgh, PA - May 29th
Pontiac, MI - June 16th
Princeton, NJ - May 31st
Rochester, NY - May 30th
San Diego, CA - June 3rd
San Francisco, CA
Seattle, WA - May 30th
Terre Haute, IN - May 27th
Topeka, KS - May 30th
[I'm de-frontpaging this to defer to MsExPat -- lambert]
An examination of Mr. Geithner’s five years as president of the New York Fed, an era of unbridled and ultimately disastrous risk-taking by the financial industry, shows that he forged unusually close relationships with executives of Wall Street’s giant financial institutions.
Of course, we all have different ways of defining "disaster," don't we? Read below the fold...
Could Smithfield Farms Mexican operation be "Hog Farm Zero" of the epidemic?
The outbreak of a new flu strain—a nasty mash-up of swine, avian, and human viruses—has infected 1000 people in Mexico and the U.S., killing 68. The World Health Organization warned Saturday that the outbreak could reach global pandemic levels.Read below the fold...