Word: augustness
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...kids about money. Private banks are increasingly offering programs to educate the scions of high-net-worth customers in the finer points of financial management. "People tend to assume that if you have wealth, you have knowledge of wealth," says Sebastian Dovey, managing partner at Scorpio Partnership, which in August helped Swiss bank UBS roll out Dialogue, a new financial-education service. But having money and being savvy about it are "not directly linked," he says. Another such program is Citi Private Bank's annual NextGen conference, which has been held in Singapore and Hong Kong since 2003. Each year...
...export is terrorism. Before the Bush Administration's Iraq digression, Somalia was target No. 2 in the war on terrorism, behind Afghanistan. After all, it was a Somalia-based al-Qaeda group that killed 224 people in the twin bombings of the U.S. embassies in Kenya and Tanzania in August 1998. But it wasn't until the end of 2006, when Somalia was invaded by the U.S.-allied Ethiopia, that American covert missions targeted the embassy bombers. One of the masterminds, explosives expert Abu Taha al-Sudani, is now dead, as is Aden Hashi Farah Ayro, an Afghanistan-trained former...
...actually got elected President, he turned to the man who eight years before handed over the White House keys to George W. Bush. Former Clinton White House chief of staff John Podesta had met Barack Obama only a few times before the Democratic nominee summoned him to Chicago in August to ask him to begin planning a transition. Podesta supported Hillary Clinton in the Democratic primaries and had little in common with Obama beyond the fact that they are both skinny guys from Chicago. Yet it is hard to think of a Democrat in Washington who can match Podesta...
...Students for a Democratic Society spoke for what would become a new, baby-boom generation "bred in at least modest comfort," which wanted less order and more freedom. And it was this movement for racial, sexual and cultural liberation that bled into the movement against Vietnam and assembled in August 1968 in Grant Park...
...former president to get taken to jail. Chen, who left office in May amid scandal, held his handcuffs high and shouted, "Political persecution!" and "Cheers for Taiwan!" as he was led to the Taipei District Court, arrested on corruption charges that include money laundering, embezzlement, bribery and forgery. In August, Chen admitted that his wife had wired $20 million in leftover campaign funds overseas earlier in the year, but he denied engaging in money laundering. After an overnight session with prosecutors, judges decided on Wednesday morning to take Chen into custody to prevent him from colluding with other suspects...