Word: approachers
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...slick operation helped it outperform every other British banking stock in 2006. The lender - not yet 50 years old - "was a darling of the stock market," says Howard Wheeldon, senior strategist at BGC Partners in London. "It was perceived as a good growth stock with a good model." Its approach: a limited branch network meant savings chipped in by its own customers amounted to a smaller chunk of the funds it could lend in the form of mortgages. So the company turned instead to other banks for cash. The result: three-quarters of its funds were borrowed from the wholesale...
...market with a lousy infrastructure required a new strategy. As more foreign banks move in and local institutions grow, salaries in India's financial-services sector, like those in the even hotter technology sector, are skyrocketing, and turnover in many firms tops 35%. Goldman "took a different approach to hiring than most multinationals," says Luis Moniz, a Mumbai-based analyst for the human-resources consultancy Heidrick & Struggles. Most rivals tried a balanced approach, with half local hires for on-the-ground expertise and half expats to maintain a connection to the head office...
...will totally change that. Hundreds of thousands of athletes, reporters and visitors will see China with their own eyes and realize China is not a backward country anymore." Among China's dissidents and democrats, meanwhile, there has been hope that the attention paid to their nation as the Games approach would lead to a relaxation of tight controls on political and social expression. As for those who live in Beijing, the Olympics will signify the transformation of their city--until recently one whose sinews and shape had been constant for hundreds of years--into a place that aims to rival...
...valued only when they wear the uniform. And once they hang it up for good, we stop caring about them, except when they take us on a stroll down memory lane. The press rarely reports on what happens to ex-players--the injuries that intensify as the athletes approach middle age, the financial woes that afflict players who make too much money too fast and then see it disappear. And there's a reason for that: fans don't want to know. Thinking of players as real human beings, with identities off the field, spoils the fantasy. Atlanta Falcons fans...
...fickleness with which Republicans approach their candidates is frustrating. The top tier offers an all-star cast, yet the party discards them like unwanted wool sweaters. Former NYC Mayor Giuliani reduced crime in his city by 60 percent, but he’s pro-choice. Arizona Senator John McCain advocated the successful surge strategy in Iraq years ago, but he pushed for the failed immigration overhaul. Former Massachusetts Governor Mitt Romney turned a nearly $3 billion deficit into a $700 million surplus without raising taxes, but he only recently converted to social conservatism. Former Tennessee Senator Fred Thompson?...