Word: banke
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...surplus servers on eBay for a third or tenth of the price. So there was a clear artificial bubble in terms of sales that got dissipated over the subsequent years. I don't see that same phenomenon in this crisis particularly. The servers that were at Bank A, which is no longer a stand-alone bank, are still running all the transactions, it's just that they now belong to Bank...
Among the signs of the changing mood: Nakheel, the developer of Dubai's proposed 200-story skyscraper, has announced it is reassessing its needs. Boardrooms and coffee shops alike are buzzing with talk about the coming fall. The Cairo-based investment bank EFG-Hermes recently predicted that Dubai property values could tumble 20% in the next three years. Shares of Emaar, a Dubai company that has become one of the world's biggest real estate developers, have fallen almost two-thirds since January...
...these questing characters was Dunham, a Maypole in a business suit and sensible shoes. When her husband went to war, Dunham went to work on a bomber assembly line. When her daughter had a baby and dropped out of college at 18, Dunham got a job at a bank, becoming the family's primary breadwinner. When Obama's mother returned to Indonesia, a teenage Obama wanted to stay in Hawaii; Dunham made space for him in her small Honolulu apartment. She was "the one who taught me about hard work," Obama said, accepting his party's nomination in August...
...appetite for risk returns--and it always does--companies are promising long-lasting change. This time around, they'll handle it differently, they say. Banks are stuffing their boards with risk experts. Trade groups are circulating white papers on the need for risk-adjusted compensation all the way down to rank-and-file employees. In the future, we're told, decisions at firms like Citigroup and UBS about what lines of business to pursue will be made with more of an eye to how much risk comes along with the profit. Merrill Lynch's running into the arms of Bank...
...best Kenyan finery. In addition, he finds himself dealing with the fallout from his brother's fame, as villagers stop him on the street and ask for money. "These people think I'm suddenly a millionaire," said Malik as he made yet another withdrawal from a local bank. "They all want a piece...