Word: broking
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Dates: during 2000-2009
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...economic destruction it wrought - returned the world to the gold standard, used interest rates to bolster the value of currencies and let stock speculation run rampant. In short, they helped lay the groundwork for the Great Depression. In Lords of Finance: The Bankers Who Broke the World, investment manager Liaquat Ahamed tells the story of these men - a tale with plenty to resonate with today's economic malaise. TIME's Barbara Kiviat spoke with...
...typical Fortune 500 company would have politely pulled the plug sooner rather than wait until the last minute. Then again, even in the best of times, Jobs doesn't observe normal conventions and does as he damn well pleases. In January 2002, an international affiliate of TIME.com accidentally broke an embargo the night before Jobs was set to deliver a Macworld address to unveil the flat-panel iMac. (It was my story; I know.) I later heard that Jobs was so upset that he told his handlers he wasn't going to give the speech; he'd simply cancel...
...border with the Hamas-ruled Gaza strip. Below the choppers, a dozen Israeli spectators perched on a hilltop watched with anticipation. A minute went by and the first Apache fired a Hellfire missile, which went rumbling into the Palestinian side of the border. A few seconds later the crowd broke into cheers at the resulting sight: somewhere between the Jibalya refugee camp and the outskirts of Gaza city a ball of heavy black smoke was rising. (See pictures of Gaza under Hamas...
...frequent critic of Blagojevich despite co-chairing the governor's 2006 re-election campaign, Madigan made his position clear early in the case, which broke Dec. 9: "During these six days [since Blagojevich's arrest] Governor Blagojevich has declined to voluntarily leave the office of governor. Quite frequently, I have stood in opposition to Governor Blagojevich, many times alone. However, my record of opposition to the governor and the governor's policies and programs will not stand in the way" of a fair hearing...
...short, Birkett claimed, Lisa Madigan attempted to dislodge her rival, whom she never endorsed during his 2006 re-election bid, from office. Well before the Blagojevich case broke, her office opened probes into hiring practices in the governor's office - an investigation she reportedly turned over to the feds in 2006 at Fitzgerald's request. Madigan also earned a regional reputation for attacking the local meth problem by coordinating with other states to help blunt the siege of the drug and impose tough penalties on people buying ingredients to produce it, and a national profile for going after such mortgage...