Word: accountably
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Bush always came out of his business deals whole. He parlayed his Harken money into a piece of the Texas Rangers, which he later sold for a $15 million profit. But his political account has taken a loss. "His whole persona has been, 'I'm a straight shooter,'" says Steve Elmendorf, chief of staff to House minority leader Dick Gephardt. "He's not looking like such a straight shooter...
...mind, Smile, a British online bank owned by the Co-operative Bank, has launched drinks2u, a home delivery service of alcohol, supplied by Co-op supermarkets. But Smile's management also has reason to hoist a few - in celebration. In April the Internet bank signed up its 500,000th account holder, and it continues to add clients at a rate of about 20,000 a month. "We are on target," says ceo Bob Head, who adds that his goal - though a very long-term one - is to "wipe the big banks out." Online banking is growing steadily across Europe. NetValue...
...general population. Those who can now be told that they will contract the disease relatively early in their lives belong to a small part of this total: about 5%. They have genetic alterations - in chromosomes 21, 14 and 1 - directly linked to Alzheimer's. These mutations account for approximately 50% of all inherited early-onset Alzheimer's. If a family has two living Alzheimer's victims who developed the disease before the age of 60, the Barcelona team will test the afflicted members to see if there is a genetic factor. If so - after a long process of interviews...
...retains an easygoing Southern accent. But make no mistake--Burns moves fast. Within four hours after two competitors' aircraft hit the World Trade Center on Sept. 11, Burns realized the likely effect on Delta Airlines' revenue and shifted $450 million, borrowed on lines of credit, into Delta's checking account. Just days later, Burns persuaded banks to follow through with an additional $1.2 billion in cash from a financing deal initiated on Sept...
Person of the Week CALLED TO ACCOUNT One day after his boss promised a crackdown on boardroom criminals, U.S. Vice President Dick Cheney was sued for accounting fraud, which allegedly occurred during his tenure as chairman and chief executive of Halliburton, an oil services company...