Monday, January 9, 2012
Polish architects have dreamt up a hotel where guests can sample the great outdoors by sleeping under the stars hundreds of feet from the ground. The Barcelona Rock has all the usual luxury services, but also outdoors ledges where experienced rock climbers can spend the night out.
From 2006-2008, Jack Lew was chief operating officer of Citibank's alternative investments division. And it was his division that made billions of dollars betting "U.S. homeowners would not be able to make their mortgage payments," as the Huffington Post reported.
The piece also reported: “Lew made millions at Citi, including a bonus of nearly $950,000 in 2009 just a few months after the bank received billions of dollars in a taxpayer rescue, according to disclosure forms filed with the federal government. The bank is still partly owned by taxpayers.”
The amount of money the federal government owes to its creditors, combined with IOUs to government retirement and other programs, now tops $15.23 trillion.
That's roughly equal to the value of all goods and services the U.S. economy produces in one year: $15.17 trillion as of September, the latest estimate. Private projections show the economy likely grew to about $15.3 trillion by December — a level the debt is likely to surpass this month.
Akhter said in an interview Monday that city health inspectors have seen rats running openly through both camps and spotted numerous new burrows and nests underneath hay-stuffed pallets occupiers are using for beds. Both campsites had working kitchens for weeks until last week, but protesters at McPherson Square voluntarily closed down theirs after health inspectors pointed out unsanitary conditions during an informal monitoring visit.