Word: actualizations
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...crisis so far. We factored in the banks' results this year, as projected by Wall Street analysts. Besides the hit that banks will take for soured loans, the firms also have losses in their investment accounts. But since markets go up as well as down, we stuck to the actual cost of their lending foibles rather than guess where the market for debt is headed next...
...gainers, Kaplan and Rauh found, were on Wall Street. At least 2,500 people at major investment banks made more than $2.5 million a year, they estimated, acknowledging that the actual figure was probably substantially higher. They couldn't nail down numbers for private-equity firms, hedge funds and other money-management outfits but concluded that their ranks and compensation had grown dramatically. The country's big law firms, many of them legal remoras attached to Wall Street, accounted for thousands more high earners. (See pictures of TIME's Wall Street covers...
...following text appears within a chart. Please see hardcopy or PDF for actual chart...
...protagonist, Hidayat, is a Jakartan intellectual caught up in the Japanese occupation. The conquerors use Bahasa Indonesia, the archipelago's lingua franca, as an administrative tongue in their polyglot territory. Hidayat - drawing on Alisjahbana's actual wartime employment in occupied Indonesia's language office - is put in charge of formalizing its grammar and syntax. In the novel (as it was in life), the office is a meeting place for nationalists who seize on Japan's defeat in 1945 to declare independence and adopt Bahasa Indonesia as the new nation's official tongue...
...lauded the chef for helping “pass on the value of French gastronomy and respect for food.” Ost, whose French cuisine bears an Alsatian twist, found out about the honor when a certificate arrived in the mail a few weeks ago, although the actual medal was not included in the package that he received. “[The certificate] was telling me that I received the reward, but you have to buy the medal...so the French Consul bought the medal,” Ost said. The Ordre du Mérite Agricole was originally...