The Warthog Attack Aircraft the Pentagon Wants Dead

May 22 (Bloomberg) -- The Pentagon wants to kill the A-10 close air support plane, also known as "The Warthog," but the House is bringing it back to life. The A-10, an ungainly ground support plane that's basically a flying gatling gun, is no longer made but it is still in use. The Pentagon wants to save about $4 billion by retiring all 283 of the planes. No other plane has the same kind of armor that allows it to fly low enough to give troops real cover on the ground. The House is voting on Defense authorization on Thursday -- and this plane is in it. (Corrects to remove description of the A-10 Warthog as a fighter jet.) (Source: Bloomberg)

Why Some Consider the New Crisis to be European Banks
23:02 - European lenders have so much access to funding that worries about the failure of a large global bank haven’t kept Goldman Sachs Group Inc. from dealing with them, Chief Executive Officer Lloyd Blankfein said. “By and large, we haven’t been that worried about the big global banks, but I won’t write a blank check on that,” Blankfein said Tuesday at an investor conference in Miami. Alvine Capital Management Investment Committee Chairman Stephen Isaacs discusses the outlook of the European banking sector with Bloomberg’s Manus Cranny and Anna Edwards on “Countdown.”
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