Also, the Fed will experience future continuingoperating losses as it adjusts its balance sheet which will make it a drain on the U.S. Treasury for years to come.
So far, the cuts being proposed are designed mainly to cope with the lower level of funding and inflexibility associated with operating under the continuing resolution.
The PDA pioneer sought to take advantage of its dominance in handhelds, and stave off rival Pocket PCs powered by Windows CE, by licensing the Palm operating system while continuing to use it.