| Chrysler bankruptcy moves forward |
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Clinton expresses regret over Afghan casualties
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Clouds on the way |
| Summer movie guide: what you need to see |
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All the news that fits . Acheson Daily Wednesday, April 1, 2009 $1.50
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Bank of America needs money
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By: Seung Min Kim, USA Today
WASHINGTON — Britain's Prince Charles, who launched a campaign to save the rainforest in late 2007, has enlisted Harrison Ford, Robin Williams and soccer legend Pelé to advance his cause in a video.
Charles unveiled his video Tuesday on MySpace and other social networking sites in an attempt to get "diverse communities to come together." |
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Photo: Young Black Professional Guide
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Photographs by: Doug Mills/The New York Times |
By: LOUISE STORY and ERIC DASH
The government has told Bank of America it needs $33.9 billion in capital to withstand any worsening of the economic downturn, according to an executive at the bank.
If the bank is unable to raise the capital cushion by selling assets or stock, it would have to rely on the government, which has provided $45 billion in capital through the Troubled Asset Relief Program.
It could satisfy regulators’ demands simply by converting non-voting preferred shares it gave the government in return for the capital, into common stock. |
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Obama starts talking tax plan
WASHINGTON — President Obama on Monday presented a set of proposals that are aimed at the tax benefits to offshore accounts. These steps, he says, would be the 1st in a much broader effort to fix a “broken tax system.”
“There are others who are shirking theirs, and many are aided and abetted by a broken tax system,” said President Obama. Multinationals, he says, paid an average tax rate of fewer than 2 percent on their foreign revenues. And some wealthy individuals hid their fortunes in foreign tax havens.
By:Wire Service See Taxes |
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Now that's a burger
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Looking inside the Burger of the Month Club
By: Jodi Rudoren
ONE by one they approached the counter at Zaitzeff, a storefront in New York’s financial district, and repeated the words like a mantra. .
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Half-pound sirloin burger. Bacon. Cheddar
None of the seven men, still in neckties from the workday, dared order a turkey burger ($8.50 on the chalkboard menu). Nobody got the sliders ($12.50 for three). Not one request for Kobe ($9.75 for a quarter-pounder, $15.50 for a half).
“If anybody didn’t order a half,” Brett Weiss told the beefy guy taking it all down |
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on a restaurant pad, “make them a half-pound anyway.”
Mr. Weiss, 33, operations manager for a software company, is the founder and de facto leader of the Burger of the Month Club, or BOTM (which he and his friends pronounce “bottom”). One Monday a month for the last four years, they have sampled a burger — bacon-cheddar whenever available — at a different New York restaurant. |
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Photo by: Benjamin Norman/ The New York Times
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