Word: corps
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...Hewlett-Packard kicked off the IT-services trend with last year's $13.9 billion acquisition of Electronic Data Systems Corp. But the trend heated up last month when Dell unveiled a $3.9 billion plan to buy Perot Systems and Xerox made a $6.4 billion bid for Affiliated Computer Services. (See 10 big recession surprises...
Khomeini's successor as Supreme Leader, Ali Khamenei, continued to show the guards love, ensuring they got the latest military hardware and best facilities. They even set up their own university. Now the guard - sepah in Farsi - has evolved into what a study by the Rand Corp.'s National Defense Research Institute describes as an "expansive socio-political-economic conglomerate whose influence extends into virtually every corner of Iranian political life and society." Its commercial interests run into the billions of dollars and range from massive infrastructure projects to laser eye surgery. And in addition to the Intelligence Ministry, guardsmen...
...taking the fight beyond central Asia, Western authorities will need to widen the scope of their operations at home and abroad. "If he's Taliban, then it greatly expands the universe of people you want to put under surveillance," says Bill Rosenau, a counterterrorism expert at the Rand Corp...
...tenure was marked by several major acquisitions, including FleetBoston Financial Corp. in 2003 for $47 billion, credit card giant MBNA in 2005 for $35 billion, Countrywide Financial Corp. in 2008 for $4 billion, and Merrill Lynch in 2008 for $50 billion...
...accounting trick save the Federal Deposit Insurance Corp.? That's what FDIC chief Sheila Bair and Co. seem to be hoping...