Word: auguste
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...conference room in Singapore's Conrad hotel in early august, a gathering of Credit Suisse Group employees is in the throes of an intense role-playing exercise. As part of their training to become private bankers, the recruits take turns acting out the roles of bank "relationship managers" and their wealthy clients. Taped to the wall of the room are posters offering helpful tips on such challenges as "Resolving Skepticism" and "Resolving a Misunderstanding." Under the stern eye of Penny Radcliffe, head of Credit Suisse's in-house training program, their performances are carefully scrutinized and criticized. One stylish...
...still so easy to be angry. Last August, a single storm swamped and choked and nearly killed a major American city, as the government seemed to abandon its residents. The shock and outrage have haunted New Orleans, a famously nostalgic city that has always lived closely with the ghosts of its past. But today's challenge is to look forward, not back. Photographer Anthony Suau visited southeastern Louisiana five times over the past year to document the tribulations and occasional triumphs of a region struggling to rebuild. Meanwhile, new threats are always gathering off our shores, along our fault lines...
...temporarily. According to AMG Data Services, money moved into emerging-market mutual funds and ETFs at the rate of $3 billion to $5 billion a month in the quarter leading up to the correction. Those funds lost money in the May and June swoon, but by the beginning of August, they were again taking in hundreds of millions of dollars a week...
...current contract will not be renewed but that the committee has decided to negotiate a new contract. According to several unnamed school system officials quoted in The Boston Globe yesterday, the committee is trying to negotiate a new contract with Fowler-Finn that would expire in August 2008, a one-year extension on his tenure...
Hundreds of canceled flights. Huge lines at airports. Ferocious new baggage restrictions. Long delays. Traveling by air during the peak August holiday season is always an ordeal, but this year, it's far more strenuous than usual. Almost a week after the foiling of an alleged terrorist plot to blow up planes flying across the Atlantic, international air traffic remains snarled, especially at British airports, including Heathrow, the world's busiest international hub. Thousands of passengers - and their bags - have been stranded there, and the airlines and the company that runs Heathrow are now engaged in a nasty dispute over...