Word: complexers
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...days later, her prayers were answered, according to the school's headmistress. Aman, together with some 70 other students and militants, died as the weeklong siege of the mosque and madrasah complex culminated in a final showdown lasting 36 hours. Few Pakistanis had supported the mosque-led vigilante campaign that kidnapped alleged brothel workers, threatened video and music shops selling "un-Islamic" material and declared a fatwa against the popular woman tourism minister who had been photographed hugging her parachute instructor. Still, the government's attack on the madrasah last July was widely condemned. The popularity of President Pervez Musharraf...
...Chancellor of the Exchequer. After a few days of abortive attempts to find a genuine private-sector rescue, I authorized the Bank of England to take over JMB, close the business, and sort out the mess, which it duly did. Northern Rock is a larger and more complex case, but the principles are the same. Instead, Brown and his Chancellor, Alistair Darling, spent five months unsuccessfully trying to find a private-sector solution, which was never in any genuine sense going to be possible, least of all amid the turmoil of today's financial markets. While the situation deteriorated...
...HOUSING BOOM As the housing industry flourishes, bond insurers expand to guarantee riskier, more complex debt, like subprime mortgages...
Agile was not an adjective normally associated with Philips. Sprawling, complex or plodding seemed an apt description. "They'd sell something I didn't even know they had," says Scott Geels, analyst at Sanford C. Bernstein in London. "And I wasn't the only one." Kleisterlee took a carving knife to Philips' abstruse portfolio. The semiconductor business--where even his own father labored--as well as other component businesses got the chop. "In the economic reality of today, you have to make a choice," Kleisterlee says. "We focus on the brand; we focus on marketing; we focus on downstream...
...plans progress for the relocation of the Charlesview Apartments further down Western Avenue in order make room for the University’s expanding campus, some Allston residents say they are disappointed that Harvard will not play a more active role in building the new complex. “I still think that Harvard could play more of a role in the development, especially since they were the ones who caused this to happen,” said President of the Allston Civic Association Paul Berkeley. “They have an obligation to make sure that the community...