Word: bankrupting
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...about time: "It shouldn't have taken so long to figure out you don't get qualified investor leads by advertising on Yahoo's astrology page." Maybe there's hope for Furby yet. - By STEVE ZWICK New WorldCom Order A U.S. court-appointed monitor announced an overhaul of bankrupt telecom giant WorldCom's corporate governance, as Oklahoma filed criminal charges against the company - now known as MCI - and six former executives, for giving false information to investors...
What's more, Evidente understands that shoes are freakishly important to women. His top clients buy 20 pairs of shoes a season, and he can make $20,000 in one sitting. "If they go bankrupt, I promise you they'll be back in two seasons," he says. "There is an actual obsession for women and their shoes. It took me two seasons to realize it." Shoes, it turns out, look good on all women, regardless of body shape. "Women say, 'My ankles and wrists are my best things,'" he explains. "They've gained a little weight. Women...
...North is a growing sense of futility about negotiating with Kim. South Korea and China in particular want to continue propping up the North to keep the peace. But others, particularly U.S. hard liners, have concluded that more aid would only ensure the survival of a morally and economically bankrupt government?one that might collapse with a slight shove, thereby providing a more permanent and satisfying solution. "We have now spent more than a decade attempting to end North Korea's nuclear program through negotiations, bribes and appeasement," said Republican Senator Jon Kyl in January when introducing a bill containing...
Administration officials say a pension-system meltdown is not imminent, but that's no consolation for the pilots at U.S. Airways. When that airline went bankrupt last year, the PBGC took over its orphaned pension program and promptly reduced benefits paid to former high-wage workers whose payouts exceeded agency limits. In some cases, pilots' pensions were slashed as much...
...Coal rep: "The science is uncertain!" Cheney: "We'll be making tea by dipping Earl Grey in the Potomac before there's absolute certainty. When the threat is a potential calamity for the global food supply and economy, we have to act!" Coal rep: "Fixing the problem will bankrupt the American economy." Cheney: "Wrong, global warming will bankrupt the economy. Taking action will be the biggest stimulus since the end of WWII. Imagine the capital spending!" Coal rep: "OK, OK, but the transition will still cost money. How much is the Administration prepared to spend?" Cheney: "Will $3.9 billion...