Word: agreement
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Then came the merger with Citi. It was tumultuous--a power-sharing agreement between Weill and Citicorp's John Reed soon fell apart--but at first very profitable. Amid the corporate scandals of 2001 and 2002, though, Citi's investment-banking arm landed in more than its share of controversy and legal trouble. One last big suit, filed by Enron Creditors Recovery Corp., goes to trial in April...
...College’s violation of “student citizenship” in early October, it now seems perversely satisfied. On the UC’s e-mail list, representative Brian S. Gillis ’08 went so far as to claim that the new party fund agreement represented “one of the greatest victories in UC history.”If this really is one of the greatest victories in UC history, it has been a pretty sorry history indeed. Anything more than a perfunctory examination reveals this “victory?...
...From virtually the moment he arrived in Washington Braley was a target on both sides. Business sought to win him over - assuring him that the labor and environmental provisions in the Peruvian and Panamanian agreements were groundbreaking and sufficient to protect Iowans' jobs. Labor demanded he abide by his campaign promises to build better trade treaties that stopped the outsourcing of U.S. jobs. "There's a lot of people on both sides of this issue that are very passionate about the pros and cons of the trade agreement. It makes these trade deals very difficult,"Braley said...
...Although the AFL-CIO, the nation's largest umbrella union, has remained neutral on the treaties, many unions - including the machinists, the Teamsters and the textile and service unions - came out strongly against the announced agreement. For the last six months they've run advertisements, sent letters, lobbied Congress, all to convince Democrats they shouldn't be handing Bush what some called...
...Last week, Braley sided with the unions. What convinced him, he says, was their argument that it is incumbent on the Bush Administration to enforce labor and environmental clauses of trade pacts - something they claim Bush has hardly seemed inclined to do thus far. Even though the Peru agreement will likely survive, that kind of argument will likely help prevent the other three from making it through, according to Bruce Josten, the top lobbyist for the U.S. Chamber of Commerce. "Peru will in all probability constitute the entire free trade agenda to see a vote this year," Josten said...