Word: bankes
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Dates: during 2000-2009
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...MSNBC's old studio in Secaucus, N.J., which was supposed to be a temporary home until the Harlem building was finished. The space features a 9,600-sq.-ft. replica baseball field, replete with dugouts, outfield seats and a 25-ft. scoreboard modeled after the one at Citizens Bank Park in Philadelphia. On this set - called Studio 42, after Jackie Robinson's uniform number - analysts will provide on-air instruction about the subtleties of the game. "We have a lot of toys in here," says Tony Petitti, the former No. 2 at CBS Sports who was tapped in April...
...doesn't help that the pound is wilting. Two years ago, one euro was worth just ?0.65. Now, humbled by bank crashes, government bailouts and a collapsing housing market that has forced massive interest rate cuts, Europe's currency is within a pence or two of parity with the pound. "The debate has changed from a total fantasy in the U.K.," says Jean Pisani-Ferry, director of Brussels-based think tank Bruegel. "The political obstacles still remain strong, but it has changed the perception of the U.K. as the perfect system...
...says, the euro's first decade has been characterized by budget rows and debates about the European Central Bank's monetary policy, when the focus should be on correcting big macroeconomic divergences, like Spain's and Ireland's recent (and ultimately doomed) property bubbles. "The euro zone needs more ability to act in times of real crises, or to prevent them," Pisani-Ferry says. "It is a slow process." But one that has come a long way in 10 years...
...Received his law degree from Howard University. Early in his career, worked as a federal bank examiner, was a bank vice-president, and led Jesse Jackson's Rainbow/PUSH coalition before going into politics...
...very basis of Abbas' negotiations with Israel may be moot. The Bush Administration's peace plan, based on a Palestinian state and Israel's living side by side, is moribund. For all practical purposes, there are two Palestinian states. Abbas, who rules the West Bank, has no leverage in Gaza, where Hamas reigns supreme. Neither Israel nor the U.S. has been prepared to deal directly with Hamas, which doesn't recognize Israel's right to exist. But without a seat at the negotiating table, the militants have little to lose by escalating violence. In Gaza, most Palestinians blame Israel...