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Greenberg is not likely to escape tough questions. It was Greenberg, after all, who supervised Joseph Cassano, chief of AIG's Financial Products (FP) unit, whose sales of uncollateralized credit-default swaps brought down the company. Representative Peter Welch, a Vermont Democrat and committee member, blamed Greenberg for "allowing a culture to develop that completely contradicted the insurance-company ethic of limiting risk." Greenberg, Welch said, is trying to redeem his reputation on the grounds that "he was out the door before the roof fell...
That first day in Silopi, the dig is called off. The prosecutor cites security concerns, the lawyers are despondent. But the next morning, the digger reappears and, this time, the gate opens. Every day since has brought reports of new bones. But as we drive out of Silopi, we pass convoys of tarpaulin-covered military trucks rumbling towards the Iraqi border, as they have every March in recent memory. Spring means a return to good weather, and fighting the PKK in the mountains. The trucks are a reminder that the road ahead for Turkey is long and bumpy. But change...
...fusion of technical acumen and mental calm has not only brought success, it has allowed Harrington to attain a seemingly impossible state in such a frustrating sport: contentment. His caddy often asks Harrington before he takes his club back whether he's happy, to which he usually answers in the affirmative. When he's frustrated, he might say "delirious." (One of Harrington's conversational tics is a habit of breaking down his answers as if analyzing a golf swing or commentating on a match. "Now I'm actually being smart when I say 'delirious.' I'm actually being facetious with...
...fashion chain apart from the competition will be the daily updated merchandise, the high-fashion quotient and the customer service, which includes free personal shoppers. Customers can call ahead for an appointment with a "style adviser" in the store or have a selection of up-to-the-minute merchandise brought to their home for free. Not too shabby, but the question remains: Will London street style play on Broadway...
...asked President Barack Obama directly about the elephant in the room on Wednesday. But he brought it up anyway, during a joint press conference with British Prime Minister Gordon Brown. A British reporter asked Obama about the proper size of government stimulus spending, and the U.S. President decided to talk about the perilous balance of global trade...