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Still, it's clear that Morgan has taken a different road out of the financial crisis than its closest rival, Goldman Sachs. In the past year, Goldman has dramatically ramped up its trading desk. That move has led to big profits in the past year but the firm has also opened itself up to bigger losses should its traders get things wrong. Based on its trading activity now, Goldman says it could lose as much as $250 million in a day should its bets go wrong, up 30% from a year ago. What's more, even though Goldman has become...
...feet in concrete boxes just outside the exterior walls. The lightness comes from 180-ft.-high glass doors set between the arches on two sides of the stadium. Those let in an exceptional amount of natural sunlight for a climate-controlled environment and give anyone approaching the building a clear vista straight across the field and out the other side. After the infernal summer weather leaves town, a line of glass doors at each end zone can slide away to admit real air into the place. (Read "The NFL's Huge Linemen: Healthier Than You Think...
...Republicans need to avoid the perception of being the Party of No, and it's not clear that they are succeeding. A Bloomberg survey this month found that a majority of people were disapproving of the Republican scare tactics that were used over the summer: 63% said death panels weren't legit, 59% said they didn't believe health care would be rationed, and 52% said they didn't believe the oft-repeated GOP line that the Dems are putting the nation on a path to socialized medicine. And a Sept. 11-13 USA Today/Gallup poll found that 60% believe...
Even as Obama has pushed for renewed talks with Iran, which are now scheduled to start Oct. 1, he and his advisers have made it clear they would impose what Secretary of State Hillary Clinton called "crippling" sanctions if Iran did not heed international demands. Without the threat of such sanctions, key Administration policymakers believe, Iran will have little incentive to give anything up, whether or not they are engaged in talks. (See pictures of the protests against Iran's election around the world...
...struggle over the poll also highlights the country's age-old ethnic divide. In the August poll, Abdullah won a clear majority of the Tajik vote in the north; Karzai the Pashtun vote in the south. Abdullah's ties to the late warrior-poet, Ahmed Shah Masood, killed by al-Qaeda a few days before 9/11, help Abdullah's support in the north because Tajiks revere Masood as an exemplary leader who single-handedly held off the Soviets and the Taliban. On the other hand, Abdullah's Masood connection is a turnoff to many Pashtun tribesmen, who viewed Masood...