Temporary Car Insurance For Under 21 - Car Insurance

Bair Attacks Too-Big-to-Fail as Enforcer Geithner Must Trust

29.05.09

May 29 (Bloomberg) -- Sheila Bair , chairman of the Federal Deposit Insurance Corp. and a lifelong Republican, boarded Air Force One for the first time in February. Neither President George H.W. Bush nor his son, President George W. Bush , had invited her on the world’s most famous jet in the five years she worked for them. It was a Democratic president, Barack Obama , who asked her to fly to Washington after the two had unveiled his administration’s foreclosure relief plan in Mesa, Arizona.

“Sheila, come on back. I want to talk to you,” Obama told Bair, who was seated in the plane’s conference room. He then escorted her into his airborne Oval Office for their first private meeting, where they discussed the government’s role in alleviating the worst financial crisis since the 1930s.

“It was great,” Bair says of her meeting with the president. “He’s got an agenda which we share. Banks are a means to an end. You stabilize the banks to support the economy. But you don’t stabilize the banks for the sake of stabilizing the banks.”

Source: Bloomberg

GMAC sells $4.5 bln bonds in 1st govt-backed deal
Reuters - Jun 03, 2009
GMAC has received $12.5 billion in government infusions since December, including $7.5 billion on May 21, aimed at boosting credit to car buyers and bolstering GMAC's capital position. (Reporting by Tom Ryan; Editing by Dan Grebler)GMAC to sell first FDIC-backed debt - IFR

Bair attacks too-big-to-fail as enforcer Geithner must trust - Palm Beach Post
Palm Beach Post,  United States - Jun 06, 2009
Bair attacks too-big-to-fail as enforcer Geithner must trustLawmakers also approved a temporary boost of the credit line to $500 billion. A self-described "populist," Bair has won allies in the...

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Harvick Cruises At Gateway

17.07.10

Searing heat? Stiff neck? Kevin Harvick wasn't about to let a few little problems get in the way of him putting a huge hurting on the NASCAR Camping World Truck Series field Saturday at Gateway International Raceway.

Harvick crushed the field in Saturday's CampingWorld.com 200, where he started from the pole in his No. 2 Kevin Harvick Inc. Chevrolet Silverado, sponsored this week by Stubbs Legendary BBQ/Kroger.

And from there, he dominated from flag to flag, leading all but 17 laps in a commanding performance. In four NCWTS starts, this season, Harvick has three victories and one second-place finish.

"Our Stubbs Chevrolet was just awesome today," said Harvick. "Physically, I feel OK. I'm just nervous about moving the wrong way. ... I felt a lot better the hotter it got in there."

The NASCAR Sprint Cup points leader had an easy day of it, despite his stiff neck and the near 100-degree ambient temperature at the 1.25-mile track. He cruised to an easy victory

Source: TruckSeries.com