Word: andrews
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Dates: during 2000-2009
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...Andrew Kirtzman's Betrayal: The Life and Lies of Bernie Madoff (Harper) offers the biggest payoff of the three books. It's a perfect meld of business details and personalities, including the still unresolved role played by Madoff's wife and sons in the scam. The author is more interested than Arvedlund in Madoff the man and in the emotional aspect of this financial soap opera. He has perfect pitch when it comes to the agony and shame of the Jewish community for finding such a gonif (Yiddish for thief) in its midst...
...Sudan, as I see it, is not a comfortable task," he said. "It is tiring, exhausting and with great responsibilities. I used to tell some Presidents whose periods had ended that the best thing is to be a 'former President' - someone who is respected, appreciated and without any responsibilities." Andrew Natsios, who was a special envoy to Sudan during the last two years of George W. Bush's presidency, says al-Bashir's power inside Sudan's ruling political faction has ebbed over the past couple of years. There are things he doesn't control. "It is not possible...
...MigrationWatch, an organization concerned with both legal and illegal immigration to the U.K., welcomes the new plan. "This is a small, crowded island," says chairman Sir Andrew Green. "In a normally functioning economy there is not a fixed number of jobs, so it's not the case that one immigrant takes one British job. However, there is some effect of the kind as the rate of employment is falling very fast...
...There are certainly signs that some aspects of China's recovery are ephemeral. Part of the reason China's stock market has soared is that Chinese companies have received so much cheap financing that they have dumped proceeds into the equity market for lack of better alternatives. Andrew Barber, Asia strategist at Research Edge, a New Haven, Conn., investment-research firm, estimates that up to 30% of new bank lending this year has wound its way into equities. Why isn't the money going into new businesses? The evidence suggests that in key parts of the economy growth remains anemic...
Fair enough. Certainly, at the government-supported firms where Feinberg will determine pay, the case for intervention is open and shut. They're taxpayer-supported entities, after all. Feinberg does face tough decisions, such as what to do about Andrew J. Hall, head of the moneymaking Phibro energy-trading unit of money-hemorrhaging Citigroup, whose performance-based contract could net him about $100 million this year. One can extrapolate from Feinberg's past performance, though, that the veteran mediator will come up with a decent compromise - that is, one that leaves everyone unhappy...