Word: chapter
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Dates: during 2000-2009
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...latest chapter in the blood sport between the two executives is a report that Bank of America was aware of $5.8 billion in bonuses going B of A and Merrill employees. Lewis had hinted that he was a bit in the dark about the arrangement. (See pictures of the global financial crisis...
...circumstances of the failing U.S. auto market make it significantly more likely that GM and Chrysler will not get the funds they want to stay independent. The federal government may force them into Chapter 11 while providing funds to keep them operating indefinitely. Congress and the Administration may decide that supporting Detroit is necessary because closing the firms would put so many people onto the unemployment line. More job losses, of course, would in large part negate the goal of the stimulus plan to add three to four million new jobs to the economy over the next two years. From...
...city “to take a hard look at programs and services.” According to Wolf, Cambridge will suffer disproportionately, since the city mainly receives additional assistance—unrestricted, general purpose funds—and lottery assistance, which are being cut, as opposed to protected Chapter 70 school assistance. Patrick is proposing several schemes to raise revenue in order to minimize the local aid cut for the coming fiscal year, including a 1 percent increase in statewide taxes on meals and hotels, which would raise $150 million to go directly to towns and cities. In addition...
...latest chapter in the crisis began in October 2008 when Tutsi rebel leader Laurent Nkunda launched an offensive, taking advantage of the weak Congolese President, Joseph Kabila, and his collapsing army. Nkunda quickly doubled his territory in the province of North Kivu and threatened to march on the capital, Kinshasa. The U.N. says a quarter of North Kivu's 4 million people are now refugees as a result. "This is war" was Nkunda's explanation...
...last, and certainly the most prominent, old-style African despots, liberation heroes who quickly turned on their own people once in power and presided over catastrophic corruption, incompetence and human rights abuses. His departure, even a mere dilution of his power, would herald the end of an unhappy chapter in Africa's modern history. Second, the success or failure of South Africa in resolving the crisis is seen as a crucial test of Africa's ability to manage its own affairs. Third, ending the political dispute in Zimbabwe is also the necessary starting point for pulling Zimbabwe out of humanitarian...