Word: creditably
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...whom Weill has relied consistently in the crunch. "I've seen Sandy turn to Chuck over and over again," says a banker who has worked with both men. And Prince's willingness to recognize the good work of others and even let them take credit endears him to many...
Born and raised in Los Angeles, Prince began his career as an attorney for U.S. Steel before joining Commercial Credit as general counsel in 1979. Prince met Weill when Weill took over that company in 1986, and the two forged a long run of acquisitions--all negotiated by Prince--from Primerica to Travelers to Shearson to Salomon Brothers to Citicorp. Prince gained the upper hand as Weill's successor last year when Weill asked him to run the firm's investment banking business and get Citi out of Spitzer's cross hairs...
Standard encryption, says the ponytailed Alex, is like an "armor-plated pipe that connects two places over the Internet," and hackers know credit-card information is secure while it's en route. But it turns out it's easy to swipe the encryption "keys" from companies' servers. So Ncipher developed a safebox for the keys that also speeds up decryption. "It's kind of a Mission: Impossible thing," Alex quips. Of course, smart technology doesn't ensure profits--and Ncipher hasn't turned one yet. But in October 2000, it launched one of the last IPOs of the boom, raising...
...code annually--but almost all of it is written under contract for such mammoth outsiders as Microsoft. Hukku, 45, wants to change that. I-flex, which began as a separate business in 1988, sells a range of products under its Flexcube label that help financial-services companies manage banking, credit-card and other transactions. It's a competitive field, dominated by firms like Temenos and Misys, but i-flex has customers, including the American Stock Exchange, in more than 90 countries. With fiscal 2003 revenue of $134 million and 2,370 employees, Hukku's company qualifies as one of India...
...Pakistan purchased missiles from North Korea while providing uranium-enrichment technology in exchange is totally incorrect. Pakistan has addressed concerns stemming from such misleading reports to the complete satisfaction of its friends and allies. By repeating such fictional and outdated stories, a magazine of Time's stature does no credit to itself. Pakistan is a responsible state and its nuclear-weapons program is purely defensive in nature. It has a well-established control-and-command system that effectively ensures such technology is not shared with any other state. Nighat Shah Consul (Information) Consulate General of the Islamic Republic of Pakistan...