Word: bankes
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...stock traded for about $60 a share. It will never get back there again. Trading at $6 now, it may never get back to $10. Much of that drop is due to the market, furious at bad investment decisions that caused huge losses, which has diminished the value of bank stocks by over...
...conventional wisdom was that 2008 would be the worst year for bank losses in years, but that it would be the bottom. The damage of mortgage-backed securities has moved into the past. What else could be left...
...forecasts for Bank of America (BAC) are even more troubling for investors who want some comfort in certainty even if the numbers are bad. The high estimate for losses in the last quarter is $.25. One analyst is taking the bullish case with $.59 a share profit. No one believe that the best numbers so it is hard to understand why they are even still on the books...
...elements in their struggle.Deneshyar notes that there is a clause which permits interference if illicit behavior is of a public nature. The public activity of Diadji Diouf and his colleagues, however, was not homosexual behavior. It was fighting AIDS, a disease for which Senegal receives funds from the World Bank to battle. AIDS strikes people indiscriminant of sexual orientation, and is ironically exacerbated by homophobia.Overall, the chances of the activists being released are thin. But they are even thinner if cultural context is disregarded. Far in the future there might be a point in which homosexuality can find some immunity...
...While critics have charged that Israel continues to instigate the admittedly tragic violence in the region, they ignore the numerous efforts that the Israeli government has made to end the conflict. In the past decade, Israel has offered to withdraw from 97 percent of the West Bank, and has also unilaterally removed its forces from the Gaza Strip. But apparently even these well-intentioned efforts are not enough for the radical Hamas leadership, which has repeatedly refused to recognize Israel as a state and has called for its complete destruction. As Israel is—understandably—not going...