Word: brokering
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When her ties to Condit emerged, the familiar twist - the fresh-faced intern besotted with an older Washington power-broker - transfixed the country. As police combed Rock Creek Park in Northwest Washington for signs of the missing woman, tips rushed in: Levy was buried in Virginia, or at the bottom of the Potomac, or had become pregnant and fled. Not until the attacks of Sept. 11 did the media spotlight trained on the case begin to flicker. Finally, on May 22, 2002, a man walking his dog in a Rock Creek Park ravine discovered Levy's remains. What he thought...
...politicized" to return to office. And while the opposition says it has no wish to derail Pakistan's fledgling democracy, critics fear that street protests could tip the country into deeper chaos, or even invite military intervention. Pakistan's armed forces have always been the country's ultimate power broker, if not its true center of power. Since the fall of Musharraf, the new army chief, General Ashfaq Kiyani, has kept a relatively low political profile. But few Pakistanis doubt the military's capacity to intervene if political chaos threatens the country...
...early February, Goldman provided Kotz's office with a list of 11 recommendations to fix the agency, including a 10% bounty on uncovering fraud, a retail-broker-trained commissioner, greater authority to jail or to levy severe financial penalties, and an online clearinghouse for complaints. In response, Heidi Steiber, senior counsel to Kotz, told Goldman that "many ideas were worthy of consideration...
...Bank of America Loan losses: BofA's buyout of mortgage broker Countrywide means the bank has $400 billion in home loans outstanding - more than its competitors. Worse, Countrywide, by nearly all accounts, had shockingly low lending standards. Chalk up a higher-than-average $40 billion in losses there. On top of that, BofA has made $87 billion in loans to commercial real estate developers. Roubini predicts 17% of those loans will go bad as developers hit the skids. For BofA, that's $15 billion more in losses. Toss in $55 billion in commercial- and consumer-loan losses...
...With Kadima and Likud both far short of a majority in the Knesset, Yisrael Beitenu's controversial leader, Avigdor Lieberman, has emerged as a key power broker. Speaking to his party supporters at midnight as votes were being tallied, Lieberman indicated that his natural inclination is to side with Netanyahu. "We want a right-wing government," he said flatly. Lieberman also took a swing at the outgoing Kadima-led government for entering into Egyptian-brokered cease-fire talks with Gaza's Islamic militants, Hamas. "We will not have direct or indirect negotiations with Hamas nor a cease-fire," he said...