Word: centralization
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Dates: during 2000-2009
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...player in the trading of credit default swaps, and that market for bond insurance has been battered by the rising defaults in home loans and other debts. Worse, some politicians and regulators, irked by the huge losses rung up by AIG in CDS contracts, have talked about creating a central exchange, much like the New York Stock Exchange, where the bond insurance would trade. Some have proposed doing away with CDS all together. Those changes would significantly curtail, or wipe out, Cantor's profits in its CDS business. What's more, New York Attorney General Andrew Cuomo has subpoenaed Cantor...
...While House office staff size has remained constant over the years, the number of employees in the central College administration has increased significantly. In the last 10 years, 230 additional administrative staff across FAS have been added to the College payroll, Eck said...
...Falsely accused by Stalin of mass collaboration with the Nazi German invaders, the entire Crimean Tatar population was loaded onto trains and deported to Central Asia over a period of just three days in May 1944. Almost half would die over the following year. Twenty years since they first began to return, there are over 250,000 Tatars in Crimea, around 13% of the population. (See pictures of Europeans marking the defeat of Nazi Germany...
...Some Tatars also see a religious element in their shoddy treatment: Muslim graves were desecrated in April last year, and for the past five years the Tatars have struggled unsuccessfully for an allocation of land to build a central mosque in Simferopol. The group of Tatars behind the mosque have twice spent two years meticulously collecting all the required bureaucratic permissions and even received some backing from the courts but still face a persistent refusal to give them a plot to build on. "They just don't want to give land to Muslims," says Jemil Bibishev, a member...
...after outraged staff surrounded his car following the disclosure of 1,200 job eliminations throughout his distribution group. Such exceptional French acts of intimidation didn't begin with the current recession. Bossnappings have been occurring sporadically in France in response to major staff cuts since 2000, after having been central to frequent factory occupations by radical labor unions in the 1970s. (Read "Massive Strikes Close France...