Word: amide
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...moon of the lunar month of Kartika marks Diwali, the Indian festival of lights, when Hindus across the country worship the goddess of wealth, Lakshmi. But divinities know full well the laws that govern finance, and Lakshmi may now be a little tight-fisted about circulating her riches amid the ongoing global credit crunch...
From stocks to house prices, profits to banks, right now, just about everything seems to be falling. Amid the carnage, though, there's at least one measure you can't keep down: fear. Wall Street's favorite measure of market volatility and investor jitters, the Chicago Board Options Exchange Volatility Index - VIX for short - briefly topped 80 points for the first time Thursday, as U.S. stocks slipped on a pile of poor economic news. The VIX, dubbed the "fear gauge", eventually closed at a touch under 68, three times the average over its 18-year history. Prior to this past...
...most accounts, amid the controversy Ayers has kept a low profile. School officials say he is on a previously scheduled yearlong sabbatical and occasionally visits his campus office. He regularly posts musings about politics, education and the economy on his personal website. (The site's commentary section has an ongoing debate between fervent supporters and vitriolic detractors as part of a recent blog post by Ayers.) A new edition of his 2001 memoir, Fugitive Days, is expected to be published next year, and a film version is reportedly in development. Says Schubert: "He's resilient - he'll come back...
...continue to receive inquiries from reporters and political activists. The scrutiny has been so severe that Deborah Harrington, president of the Woods Fund, has hired a public relations firm. She can't wait until Nov. 4. "We hope that at that point, we can return to normal," she says. Amid the controversy, the fund's board has discussed whether Ayers has become too much of a distraction. But, Harrington says, "We knew who he was, and about his past, when he came on the board. People can change, and he has, and he's been a person we value tremendously...
...Sarkozy is used to his decisions sparking street demonstrations, but he probably hadn't counted on Italian citizens flocking to picket the Elysée Palace. That's the threat Sarkozy now faces after reversing a pledge to extradite a former Red Brigades member Italy has convicted of murder. Amid accusations of justice denied, the Italian Association of Terrorism Victims says its members will travel to Paris on Saturday to denounce the reversal, which was at least partly the work of the President's Italian-born wife, Carla Bruni...