Word: corpe
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Dates: during 2000-2009
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...region, they argue, cannot be achieved purely by military means; good governance and modern institutions are essential to prevent the resurgence of extremism and to allow American and NATO troops to someday head home. "Democracy and development have to be part of any exit strategy," says the Rand Corp.'s James Dobbins, who was President Bush's first envoy to Kabul. (Read "Afghanistan Exit Strategy: Buying Off the Taliban...
...study by the California-based Rand Corp., a leading policy think tank, joins that call. It notes that while Mexico has 370 police officers per 100,000 people, the U.S. has only 225 - but enjoys a far more effective and trustworthy police culture. "Security in Mexico: Implications for U.S. Policy Options" recommends that since Calderón's military crusade can only be a short-term drug-war strategy, the U.S. must "engage in a strategic partnership with Mexico that emphasizes reform and longer-term institution-building." One goal, aside from reining in police corruption, is to bridge the chaotic...
Some industry experts believe that returns from these investments could rival the huge profits pocketed by investors during the Government Resolution Trust Corp. bailout of the savings-and-loan debacle of the late 1980s and early '90s. Back then, vulture investors picked up distressed assets at pennies on the dollar, and returns often exceeded...
Investors may be jittery, having watched a number of mortgage REITs, such as New Century Financial Corp. and American Home Mortgage Investment Corp., file for Chapter 11 bankruptcy protection over the past couple of years, and others, such as Arbor Realty Trust and Gramercy Capital, struggling to stay afloat. Even Starwood's newest offering could stir concerns if investors check out the sour performance of one of Sternlicht's previous specialty finance companies, iStar Financial...
That is true even of Sheldon Adelson, who has lost more during this recession than anyone else on the planet. The 76-year-old chairman of the Las Vegas Sands Corp., which owns the Venetian hotel, the Sands Expo and Convention Center and the Venetian Macao, was in 2007 and '08 the third richest person in the world, with - by his estimate - a net worth of $40 billion. By February of this year, he said he had lost $36.5 billion - more than the GDP of half of the countries in the world. In the years before that slide, banks were...