Word: darkness
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Dates: during 2000-2009
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Citigroup (C), Goldman Sachs (GS), and Wells Fargo (WFC) had better-than-expected earnings. The banking sector was supposed to spend the balance of this decade feeling around in the dark and finding nothing but more bad assets and little revenue from what had been an investment banking goldmine fueled by quarters of good M&A and corporate finance results. Citi's numbers beat forecasts but revisionists began to take apart the earnings after the fact. An analyst from Goldman Sachs wrote that the big bank's credit losses are growing at a "rapid rate," meaning the shares remain...
...withering cross examination in March about AIG's collapse. The roasting may have been entertaining, but Liddy had nothing to do with the issues that caused AIG's demise, or the pay packages that some of its executives received while the company rolled over and sank into the dark waters...
...justice by the Bush administration, issuing an executive order banning torture and releasing three previously classified memos issued by the Office of Legal Counsel—a group of lawyers who provide binding legal advice to the executive branch. However, in order to truly close the book on the dark days of America’s endorsement of torture, Obama should go further and see that those who committed torture are held accountable for their actions...
...show, and to truly gauge the long-term psychological impact of torture, psychologists need to follow up with victims well after they are released. That may never happen with detainees like Zubaydah and Mohammed-meaning we may never know the final wages of what CIA agents did in dark rooms under our name. But there should be no doubt now that we tortured. "That we would still be having a discussion about whether or not waterboarding is torture is so disingenuous," says Keller. "They should come out and say what...
...Anyone who has gazed at the bright sliver of a crescent Moon in clear skies has probably also noticed that the dark side is not entirely dark. The faint glow rounding out the Moon is earthshine: light from the bright day side of Earth shining on the night side of the Moon. Scientists have studied earthshine for decades - but Langford, along with her colleagues at Melbourne and Princeton Universities, decided it would make a perfect test case for detecting oceans and landmasses on a faraway alien world...