Federal plan to buy $1 trillion in toxic assets
The Obama administration proposes a Public-Private Investment Program to purchase up to $1 trillion in toxic assets using the $700 billion bailout fund, with new resolution powers for the treasury and Fed to seize troubled firms under presidential agreement. The plan aims to entice private investors with low-interest loans and share risk if asset values fall.
MENTIONED IN THIS ARTICLE
Washington
Obama
Administration
American International Group
Financial Products Unit
Treasury Secretary
Federal Reserve
AIG
Fed
Eral Deposit Insurance Corp
President's plan draws tepid reaction from investors and scholars
The Obama administration proposes a Public Investment Corp to buy toxic assets and stabilize banks. Analysts warn strings attached may hamper lending growth and risk creating bad banks. Investors note high household debt and doubt wider credit recovery.
MENTIONED IN THIS ARTICLE
Obama
Hugh Johnson
Johnson Islington
Treasury
Timothy Geithner
Public Investment Corp
Sung Won Sohn
Smith School
California State University
Sohn
Odessa Robbery Sparks Call for More Police Presence
Police concerns echo among local residents after a Feb 20 store robbery at La Bodega Drive-Thru on South Grant Avenue. Rosa Martinez and Siria Yanez advocate for increased police patrols, while Yolanda Arispe notes comfort from later patrols during darker winter hours. Odessa Police Department link provided.
MENTIONED IN THIS ARTICLE
Burton
Rosa Martinez
la Bodega Drive-Thru
South
Grant Avenue
Siria Yanez
Odessa
Bodega
Yolanda Arispe
Yolaris Hair Salon
Arispe
Microsociety teaches life skills through student run economy
In a magnet program led by assistant principal Tanya Galindo students run a mini economy with a saw workshop, warehouse store, post office, bank, health clinic, and various shops. They earn paychecks, face fines for minor infractions, and learn money management, math, and social skills while applying Texas knowledge standards.
MENTIONED IN THIS ARTICLE
Cowen
Tanya Galindo
Texas
Galindo
March Is AMD Low Vision Awareness Month
Dr. Nalin H. Tolia urges regular eye exams during March AMD Low Vision Awareness Month. The article notes AMD as the leading cause of vision impairment for ages 50 plus, describes central versus peripheral vision impact, risk factors, and emphasizes early detection. It highlights Tolia Eye Clinic in Odessa with contact details and clinic information.
MENTIONED IN THIS ARTICLE
Dr. Tolia
Nalin H. Tolia
Tolia
American Academy of Ophthalmology
University of Bombay
Odessa
John H. Sheets
Tolia Eye Clinic
American Board of Ophthalmology
The
College of Physi
Cians and Surgeons
American College of Surgeons
International College of Surgeons
Eye Care America
Also Mentioned on This Page
Associated Press
Cbsiap
White House
Austan Goolsbee
Barney Frank
D-Mass
CBS
Odessa Police Department
Odessapd.com
Www
Microsociety.org
AMD
Professional Plaza
Eastridge Road
Ste. 100
Nalin H. Tolia, M.D
Fa.c.s
Tolla Eye Clinic
Gail Williams
TOA Eye Clinic de Cataract & Laser Center
Nalin H. Tolia, M
Eastridge Rd
WTA
Em Ene
Odessa Ameri Retired
AED A Ree
Newspaper
Hori Research
Odessas
Pamela Cunningham
N. Alleghancy
Fox
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