Word: armfuls
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...trader, Jim Schwieger, challenged Lay. Why, he asked, was chief financial officer Andrew Fastow sharing the stage--and gainfully employed--considering that he had just blown half a billion dollars mismanaging several Enron partnerships and earned $30 million doing it? Lay put his arm around Fastow and proclaimed his "unequivocal trust" in the CFO. The partnership accounting was complex stuff, Lay explained, but Fastow was on top of it--or he'd be in big trouble. A day after that buddy-buddy display, Fastow was history...
...former high school students, who had been in her sophomore history class. But sometimes the age of the retirees-turned-proctors can make for a precarious situation, he says. For example, there was one unfortunate incident in which an 82-year-old woman fell and broke her arm while proctoring an exam...
...Kirch empire?s main arms, KirchMedia already holds a 53.5% stake in ProSiebenSat.1, and is expected to merge with that company should a planned stockmarket float go ahead later this year. But another subgroup, KirchBeteiligungs, holds a 40% interest in Axel Springer. Why would Kirch permit a company in which it has such a sizable stake to cause it so much potential inconvenience? One theory is that the Springer family wants to reacquire shares in their company that Kirch bought in the late 1980s during a failed takeover attempt, and are exercising the "put" option as an arm-twisting tactic...
...Salt Lake Organizing Committee, and Dave Johnson, a former senior vice president, were indicted on federal charges, including bribery and fraud. The charges were dismissed last year, but the Justice Department last month appealed the dismissal. All along, the Mormon church has tried to keep the scandal at arm's length-Hinckley says he had instructed the church to remain strictly "neutral" in every aspect of the Olympics. The hope is that by the opening ceremonies, the scandal will be largely forgotten...
...attempting other continent's highest mountains. By the fourth hour I was cursing myself for being so stupid. Time seemed to slow down and awareness became distorted. I passed someone sitting down on the track. Thinking it was one of our group, I leaned forward and rubbed her arm in encouragement. It turned out she was a stranger. Still, the gesture felt right, and I muttered a word of support before moving...