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By TOM KRISHER and MARTIN CRUTSINGER
AP Business Writers
DETROIT (AP) - The U.S. government's short stint in the auto business is coming to an end.
The Treasury Department said Wednesday that it will sell its remaining stake in General Motors by early 2014, writing the final chapter of a $50 billion bailout that saved the auto giant but stoked a heated national debate about the government's role in private industry.
Taxpayers are sure to lose billions of dollars in the deal, even though GM has bounced back from the darkest days of 2008, when it almost ran out of cash.
The company has racked up $16 billion in profits during the past three years and added more than 2,000 American workers. Now GM is looking forward to the day when it can shed the stigma of government ownership and bury the derisive moniker of "Government Motors," which it says kept customers away from dealerships.
"This is very attractive to the company and to our shareholders," GM Chief Financial Officer Dan Ammann said. The deal is "obviously good for the business in terms of continuing to remove the perception of government involvement in the company, which is going to be good for sales."
When the government sells its last GM shares, the Treasury Department projects that autos will be the biggest money-loser of all the corporate bailouts connected to the Great Recession. The government already lost more than $1 billion on the bailout of Chrysler, which has repaid all its loans.
"There should be no expectation about getting back the taxpayers' money," said Phillip Swagel, professor of public policy at the University of Maryland and a former assistant treasury secretary under President George W. Bush who authorized the first installment of GM's bailout.
Under the deal, GM will spend $5.5 billion to buy back 200 million shares from the Treasury, with the sale closing before year's end. That will leave the government with 300 million shares, or a 19 percent stake, which it plans to sell during the next 12 to 15 months.
The Treasury Department has held the stock for more than two years while awaiting a better price. In a statement issued Wednesday, it said the bailout protected the business at a critical time.
"The auto industry rescue helped save more than a million jobs during a severe economic crisis," said Timothy Massad, Treasury's assistant secretary for financial stability. "The government should not be in the business of owning stakes in private companies for an indefinite period of time."
Treasury officials declined to answer questions from The Associated Press about why the government is selling now.
The government clearly waited until after the presidential election to unload the stake and close the bailout, which was a contested issue in the campaign between President Barack Obama and Republican challenger Mitt Romney. Yet the sale comes as U.S. auto sales are rising, and many analysts predict a higher GM stock price in the coming years.
GM shares sold for $33 each when the company returned to the public markets two years ago. Analysts expected further growth, and the shares rose shortly after the sale. But they fell dramatically early this year as the U.S. economy slowed and Europe headed toward recession.
Citi analyst Itay Michaeli said the government ownership has held down the stock price because investors feared the Treasury would flood the market with big blocks of shares. The government, he said, is probably expecting a big price bump because of the GM buyback.
"The thinking is perhaps you sell some of it now, that starts to lift the overhang and that potentially allows a better exit (price) for the remaining shares," he said.
GM will buy the 200 million shares at $27.50 each, about an 8 percent premium over Tuesday's closing price of $25.49. The shares shot up more than 9 percent Wednesday to $27.91, the highest price of the year, before falling back somewhat.
Breaking even would require selling the remaining 300 million shares for an average of about $70 each _ more than double the current trading price.
The government bailed out GM during the financial crisis in 2008 and 2009, when the economy teetered on the brink of a depression. Without government help, the wheezing automaker would likely have been auctioned off in pieces. At the time, GM was a sick company, racking up more than $86 billion in losses since 2005. It had $53 billion in debt, burdensome labor contracts and a weak lineup of cars at a time when global markets were shifting to smaller vehicles.


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North Caicos Beach Vacation Rentals Vacation Rentals(23)
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Special Offer! Promotional Offer (Travel Agents Welcomed) December 1 - December 11
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Recent North Caicos Reviews
Just what we were looking for, beautiful and quiet
We were very impressed with the hospitality of Jean-Louis and the island of North Caicos. A truly amazing vacation. If you're looking for serenity this is the place. The pictures are accurate and the description of the villa was spot on. Just make sure to grab groceries on Provo before you take the ferry to the island, the local stores have a limited selection basically necessities. Before we traveled to North Caicos we stayed on Provo. There is a lot more to offer on that island, more touristy. As we enjoyed Provo, the North was more our thing. Secluded, quiet, beautiful empty beaches, friendly people and not much development. We enjoyed everything from reading books on the beach, snorkeling, beach combing, kayaking, and site seeing. We visited Mudjin Harbor and Bambara Beach on Middle Caicos, Three Mary's Cays and Horsestable Beach. All highly recommended. We would defenitely recommend Datai to anyone wanting to get away from it all. Looking forward to visiting again!
An incredible family vacation!!!
We have been home now 2 weeks from Villa Cecillia and constantly find ourselves remembering our week, looking at pictures and talking about what a great family holiday we had. We were initially going to shop for our groceries and bring them on the ferry but last minute had Chrischelle shop for us. I would absolutely not do it any other way. We are a family of 5 and with our luggage and the added groceries (plus trying to keep meat cold) would not have been an enjoyable way to start the trip. Chrischelle did a fantastic job picking up everything on our list (and it was a long one!). Chrischelle was also very helpful before we arrived as I had emailed her many questions. The villa is incredibly beautiful just like the pictures! It is very spacious, open, has a gorgeous kitchen and stunning views of the ocean. It was spotlessly clean when we arrived. We came to North Caicos to relax and spend lots of time together as a family. We loved the quiet but this location is definitely not for every family with kids 10-16 years old. There isn't really much to do but for our family it was perfect because it was exactly what we needed and expected. Our kids loved it!! There were 2 families renting the villa beside us but lucky for us they were hardly ever on the beach. For our entire week we only saw the local fisher man and maybe 2 other people. Perfect for us! We spent every day walking on the beach, snorkelling (mostly in front of the villa), reading, running (some of us!) and playing some games. We did walk a few times to 3 Mary Cays but it was rough the one day we tried to snorkel there. My husband and 2 boys had more fun snorkelling in front of the villa where they saw lion fish, coral, starfish, a stingray and many other smaller fish. We only rented a car one day and spent the day exploring North Caicos and also Middle Caicos. Mudjin Harbour was very beautiful and really needs to be seen to be appreciated. We ate lunch at Danny's which was good and we were glad that we did. Also ate at Silver Palms Restaurant and we would highly recommend it. Delicious! Make sure you try the lime pound cake with lime glaze! I have nothing negative to say about this villa, our holiday was perfect. You will not be disappointed if you go and I am sure you will come away with many wonderful memories. Thank you so much to Dan, the owner, for sharing this incredible vacation spot. We would love to return!!!

subset: commoncrawl


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- How is rhabdomyosarcoma treated?
- Surgery for rhabdomyosarcoma
- Chemotherapy for rhabdomyosarcoma
- Radiation therapy for rhabdomyosarcoma
- High-dose chemotherapy and stem cell transplants for rhabdomyosarcoma
- Rhabdomyosarcoma that progresses or recurs after initial treatment
- Clinical trials for rhabdomyosarcoma
- Complementary and alternative therapies for rhabdomyosarcoma
- More treatment information for rhabdomyosarcoma
Previous Topic
Radiation therapy for rhabdomyosarcoma
High-dose chemotherapy and stem cell transplants for rhabdomyosarcoma
A stem cell transplant (sometimes referred to as a bone marrow transplant) makes it possible to use much higher doses of chemotherapy than would normally be possible. Chemotherapy drugs kill rapidly dividing normal cells (such as those in the bone marrow, where new blood cells are made) as well as cancer cells. Higher doses of these drugs might be more effective in treating some cancers, but they are not given because the severe damage to the bone marrow would cause life-threatening shortages of blood cells.
A stem cell transplant gets around this problem by taking out and saving some of the patient's own blood-forming stem cells (either from the blood or bone marrow) before high-dose chemotherapy and then putting them back into the blood after chemotherapy is over, where they will travel to the bone marrow. This allows the normal marrow to regrow.
Stem cell transplants are used to treat some aggressive childhood cancers, but so far it is not clear if they can help rhabdomyosarcoma patients. Because of the severe side effects they can cause, most doctors recommend they be used only as part of a clinical trial.
For more detailed information on stem cell transplants, see our document, Stem Cell Transplant (Peripheral Blood, Bone Marrow, and Cord Blood Transplants).
Last Medical Review: 08/13/2013
Last Revised: 08/13/2013


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Wednesday, January 15
Providence Presbytery
South Carolina
The Presbyterian Student Association of Winthrop University has found service opportunities to be a means of evangelism and of welcoming new members.
In September 2012 I invited interested students to learn about medical mission in Guatemala by supporting a friend of mine, Dr. Pedro Palacios, at La Mision. We would be continuing work done by our congregation and presbytery.
The students worked hard for months to raise funds, gather supplies, and be prepared for a successful trip not out of a need to be "fed" but out of a desire to serve others. "As a Christian, going to Guatemala is a fulfillment of my duty and God's path for me in my faith journey," says Forrest Black. These young adults are compassionate, selfless, and ready to look beyond their own needs to care for the needs of others. Abigail Bradner says, "I look forward to Guatemala because I hope to serve on medical missions throughout my career."
Natalie Norris and Miracle Mosely are excited to experience God in a new way and new culture, and Demetrius Miles says, "As an aspiring doctor, a medical mission trip combines two of my most important goals: serving others and spreading the gospel."
Dwanna David and Isabella Gantt are glad messengers of the gospel and are eager world travelers. "I'm excited about Guatemala because it gives me a chance to get out of the country and spread the word and works of Jesus Christ while doing it," Dwanna says.
Providence Presbytery serves 59 congregations.
—Rev. John O'Kain, director of campus ministry, Winthrop University
Let us join in prayer for:
Presbytery Staff
Rev. T. Mark Verdery, general presbyter/stated clerk
Kathryn McGregor, associate for education and resourcing
Dot Killian, associate for congregational development and mission
Rev. John O'Kain, director of campus ministry, Winthrop University
Rose Lemmons-Berry, business administrator
Jill Wilson, communications coordinator
Inez Glasgow, administrative assistant
Mary Love Hammond, office staff
Barbara Kurz, interim consultant for mission
Jacquie Scoates, program director, Bethelwoods
Nate Mallard, director of church relations, Bethelwoods
Colleen Johnson, office manager, Bethelwoods
PC(USA) Agencies' Staff
Elder Beth Basham, PMA
Frances Bass, OGA
Dwayne Batcho, PMA
Let us pray
Gracious God, give us the courage to serve you in whatever mission fields you present us. Help us demonstrate the joy that comes with our obedience, so that others will want to join us in our good work. Amen.
Daily Lectionary
Morning Psalms 89:1-18; 147:1-11
First Reading Genesis 4:1-16
Second Reading Hebrews 2:11-18
Gospel Reading John (1:29-34) 35-42
Evening Psalms 1; 33


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October 15, 2014
Bought for daughter - good value
October 07, 2014
Hopefully long lasting, suitable daughter 's work as a gardener.
October 06, 2014
September 30, 2014
These wellies are exactly what i was looking for - exactly fit for purpose - dog walking on the beach! they look good and feel very comfortable, especially with the outdoor socks which i bought at the same time. i love the socks so i am going back for more.
September 17, 2014
Smart looking willies. fit quite close to leg so top doesn't gape open
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FORT WORTH — A year ago, a petite Hispanic woman with long, wavy dark hair was among the living.In March, her body was pulled from a shallow grave on the west side of Fort Worth.Investigators usually can learn a victim's identity right away, Fort Worth homicide Detective Kyle Sullivan said.Not this case.Several tips were generated when the media reported the discovery of her remains on March 20, but they led nowhere. National missing persons databases also ran cold.Frustrated investigators turned to forensic artist Suzanne Baldon of Waco to create mask of clay applied directly to the woman's skull. The mask was presented at a news conference Friday in the hope that someone will recognize her and call police."That's the most important thing — to get this person back to her loved ones, and to know for certain what happened to her," Sullivan said.Police say the body could have remained buried much longer if a work crew hadn't found her skull while digging in a wooded area northwest of the intersection of Calmont Avenue and Alta Mere Drive.The rest of the skeleton was recovered by a team lead by Dr. Dana Austin, forensic anthropologist for the Tarrant County medical examiner's office.Judging by the stage of decomposition, investigators believe she died between October 2012 and early 2013, Austin said."The cause of death and the manner of death are still undetermined," Austin said. "We'll be releasing that at a later time."The woman is believed to have been a small-framed Hispanic woman, 4-foot-9 to 5-foot-4 and between the ages of 21 and 35. She had layered long, wavy brown hair up to 13 inches long, police say.She had a fixed dental bridge composed of porcelain and nonprecious metal, police say."We recovered a lot of head hair with the remains," Austin said. "We noticed that it was layered and wavy, very voluminous. She did have that beautiful wavy, layered hair."She wore a red, white and black-patterned blouse, which investigators tracked to Los Angeles-based Truelight, which manufactured the garment in 2006.She wore blue and pink striped pants with an elastic waist and a black bra with lace.Homicide Sgt. Cheryl Johnson was asked if police think the woman might be an immigrant. She responded that the dental work is typical of techniques used in the United States.Therefore, Johnson said, "We know she spent time here."Austin said the reconstruction is a "likeness" and cannot be a portrait. But investigators are confident it's a fair representation because of the artist's techniques."We have found facial reconstruction and media support to be a great method to get people identified," Austin said. "This has worked for us on many occasions."Baldon said she starts with the skull on a stand and calculates the face with tissue depth markers."Then I connect the dots with clay," she said. "It has nothing to do with fine art."Good forensic art has a job to do: It's supposed to get somebody identified, and that's it."To that end, the skull forms the base; the viewer sees the person's actual teeth."You would recognize your own family member from their teeth, if you think about it," Austin said. "Your sister's smile — you would recognize that. That's what we want people to focus on when they look at this." This report contains information from the Star-Telegram archives.
More information Do you recognize this woman? Anyone with information is asked to call Detective Kyle Sullivan at 817-392-4340.
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