Word: alongism
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...Investors, however, aren't inclined to stay neutral. "Lewis used the bonus issue to get rid of Thain," says Jonathan Finger, an institutional investor who owns shares in Bank of America and has been pushing for Lewis' ouster. "But this shows that Lewis knew about it all along...
Plenty of quintessentially 20th century businesses that have been sickening will now, finally, die. A generation or two of managers in those industries coasted along in denial, behaving as if the dark horizon would remain perpetually a ways off. With this recession, many of them are arriving at the abyss. However, people will still want to buy cars, still need to buy houses, still want to read quality journalism, watch TV series and movies at home, listen to recorded music, and all the rest. And so starting now, as some of the huge, dominant, old-growth trees of our economic...
...Yushchenko has similarly annoyed Russian political leaders with his attempts to move Ukraine toward Western structures such as the European Union and NATO. Moscow has responded with a series of threats and cuts to gas supplies to try to keep Ukraine in check, along with appeals to the countries' historical and cultural links. The Church, which enjoys strong relations with the Kremlin, is in a unique position to lend support to Moscow's attempts to keep Ukraine close, given its claims to spiritual authority over Ukrainian territory. "Our historical past is here, and our future will to a large extent...
...take part in a midsummer ritual to honor the victims of the Mafia and speak out against the scourge of organized crime. From Palermo to Torino, politicians, church leaders and youth groups gather to mark the July 19, 1992, assassination of anti-Mob magistrate Paolo Borsellino, who was killed along with five bodyguards in a meticulously planned car-bombing outside his mother's apartment in the Sicilian capital...
...time when NATO officials see Britain's commitment as essential to the security of the alliance. Britain has the highest number of troops in Afghanistan behind the U.S.; while other European countries have sent troops only for nation-building exercises in stable parts of the country, the Brits (along with the Canadians) have taken heavy casualties. In his first speech as the new head of the alliance on Monday, Secretary General Anders Fogh Rasmussen reiterated that NATO's priority must be the war in Afghanistan. "NATO is a strong military alliance, and we need a strong military effort in Afghanistan...