Word: banker
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Bathed in the television's fiery glow of images from the World Trade Center explosions, Pakistani banker Anar Khan turned to his four young sons curled up next to him on the rug. "See? Evil brings evil upon itself," he exulted. "This is Allah's punishment for the wrong that America has done to Muslims." It is easy for Khan to understand the mentality of the airline hijackers who unleashed their apocalyptic destruction on New York and Washington. He can comprehend how 19 educated men, despite having seen the world in all its wondrous multiplicity, can crash airliners into skyscrapers...
...Republican primary, State Sen. JoAnn Sprague defeated her only competitor, banker William McKinney, 62 to 38 percent. The seven-candidate Democratic primary received far more media attention during the campaign, however, both for the fireworks among Lynch (who received 40 percent of the vote), Jacques (28 percent), State Sen. Brian Joyce (16 percent) and State Sen. Marc Pacheco (14 percent), and because its winner is expected to triumph in the heavily Democratic district’s November general election. The winner of that contest will take over the seat formerly held by beloved Congressman J. Joseph Moakley, Jr., who died...
...first black CEO of a major Wall Street brokerage house. Reared on a farm in Wedowee, Ala., O'Neal attended a one-room schoolhouse and worked the late shift at a General Motors plant in Georgia before landing at Harvard Business School. He joined Merrill as an investment banker in 1986 and later served as CFO and brokerage chief...
...while that scenario of central-banker impotence does bear some resemblance (for now) to our current situation - six interest-rate cuts, and this week the Fed?s own Beige Book had it that the recessionary woes that have long afflicted the manufacturing sector began in June and July to spread elsewhere - it?s not the smart bet yet. Because while the drop in the July PPI was dominated by a 5.3-percent decline in the crude goods portion of the report - and that was in turn dominated by falling energy prices, namely a 17.7-percent drop in gasoline prices...
...what accounts for all the gloom surrounding the web? Bad business - not bad ideas. Analysts and venture capitalists and investment bankers all collaborated in a massive ponzi scheme - which left regular investors holding the bag. Don't blame the cocky web entrepreneur for squandering your money; blame your investment banker...