Word: 1930s
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...central part of the most successful deception in the history of warfare, without which the D-day landing couldn't have taken place. What I discovered in the files is how it all began - in a characteristically eccentric British way. The most adventurous of the MI5 agents in the 1930s was an air ace from the First World War named Christopher Draper. He's called the "Mad Major," because he was absolutely obsessed with flying under London's bridges. He's invited over to Germany. Hitler is very interested and spends over half an hour talking...
...When the communists were fighting for control of the nation in the 1930s and '40s, they promised democracy, a free press and an independent judicial system. Six decades after they came to power, none of those exist...
...summit in Pittsburgh, during which it was decided that the group, which includes developing giants like China and India, would replace the West-dominated G-8 as the top coordinating forum for the world economy. While the U.S. and U.K. struggle to recover from the worst recession since the 1930s, Asia's economies, led by a resurgent China, are emerging from the downturn much more quickly, presenting more enticing business opportunities for HSBC and other global banks. HSBC's decision is also another signal that London may be losing some of its luster as a global financial capital...
...took office in 1933, Congress legislated a transformation of the financial sector, establishing a new regime of securities regulation, creating the Federal Deposit Insurance Corporation and segregating commercial banks from Wall Street. It's not obvious that we need such a drastic overhaul now, but the contrast with the 1930s is stark. Ironic, too. By leaving financial markets alone, Mellon and his kindred spirits at the Fed ushered in an economic collapse that led to permanent government intervention in the financial sector. By intervening, Paulson and his kindred spirits at the Fed seem to have headed off a re-enactment...
...also expanding in less-developed western regions like Xinjiang and eastern ones like Inner Mongolia, where the company is building its 39th Chinese bottling plant. Bold moves in a downturn? Maybe, but then again, there's precedent. In the 1930s, Coke broke in to 20 new countries and territories, an expansion of 74% from the start of the decade. This decade may not quite be another Great Depression, but the strategy seems worth repeating...