Word: bandness
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...troops are under attack every day from foreign fighters in Iraq. But just how many of those insurgents are coming from Europe? A string of recent arrests suggests that a small but determined band of extremists is exporting young Muslim men in Europe to Iraq for jihad. Last week, German authorities arrested two men in Mainz: one an Iraqi who police say is an al-Qaeda-trained militant and recruiter of local Muslim youths for the insurgency, the other a Palestinian who is allegedly one of his recruits. In Paris, police arrested 11 people they say were involved...
DIED. JIM CAPALDI, 60, drummer and co-founder, with Steve Winwood, of the '60s band Traffic, whose hits included Paper Sun and Hole in My Shoe; of stomach cancer; in London. After the band split up in 1974, Capaldi went on to a successful solo career, hitting the charts with a '70s cover of Roy Orbison's Love Hurts...
...simple answer is that sitting on the sidelines indefinitely is a bad plan--even though there are plenty of people who have been hoarding cash. Markets tend to rise and fall within a narrow band (what Wall Street experts call "a trading range"), sometimes for years at a time. Then they move suddenly--up more often than down. If you miss those unpredictable jumps, you often lose out on the biggest gains. The S&P 500, including dividends, rose an average annual 12% in the past 10 years. But if you were out of the market on just...
...Incremental regulatory improvements have failed to reverse the slide because they are Band-Aid solutions to wide-ranging, well-known problems. China's stock markets are afflicted by poor regulatory supervision, rampant insider trading, lack of corporate transparency, shady stockbrokers, and frequent government intervention. Investors dislike uncertainty, and in China, risk takes many surprising forms. In November, for example, the government suddenly rotated the top executives of its four listed, state-owned telephone companies, sending them to work for former competitors. Corporate corruption is commonplace?police have confirmed criminal investigations at eight listed companies so far this year, according...
...band members still seem shocked that they have succeeded in shifting their context from lucky punks to relevant, opus-making adults. Just contemplating the upcoming Grammys stuns them into silence. Eventually Armstrong admits, "I never thought I'd say this, but I'd really like to win Album of the Year. It would be meaningful to me, and without tooting my own horn, I kind of think we might even deserve it." He kind of might even be right...