Word: davide
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...default could have been catastrophic for Goldman, although Goldman claims to have been perfectly hedged against an AIG bankruptcy. "If AIG would have gone bankrupt, it would have affected every institution in the world, because it would have had a big effect on the entire financial system," explains David Viniar, Goldman's CFO. He countered, though, that Goldman would have most likely figured out how to make money trading in such a volatile environment. (See TIME's AIG cover...
...alliance with former President George W. Bush on the “No Child Left Behind” school legislation, a copy of which hung on the wall of his office along with the pen that Bush used to sign the document. According to Kennedy School Dean David T. Ellwood ’75, who worked with Kennedy on welfare reform during the Clinton administration, although Kennedy entered office as part of a political dynasty, his ultimate reputation as an effective, revered legislator came from his passion for the issues he supported and his willingness to work with people...
...Papi had as a beloved, jovial, larger-than-life figure—a Dominican Santa Claus with a hitting prowess sui generis. For a team that serves as the “heart and soul” of a region to a degree unmatched anywhere else in the country, David Ortiz carried the mantle of “heart-and-soul” for the Red Sox with greater gusto than almost any player in the league (perhaps Pujols, Jeter, or Ichiro matches him in this metric). His oversized smile and swing thus held a special place in the hearts...
...Monday, McChrystal turned his official review of the war over to his superior, General David Petraeus, chief of U.S. Central Command. "The situation in Afghanistan is serious, but success is achievable and demands a revised implementation strategy, commitment and resolve, and increased unity of effort," McChrystal said in a statement announcing he had finished his survey. While the report doesn't recommend additional troops, Pentagon officials expect it to form the foundation for such a request in coming weeks...
...Israeli general election that would sweep Ariel Sharon into power, Ehud Olmert, then the mayor of Jerusalem and Sharon's right-hand man, explained why the government of Israeli Prime Minister Ehud Barak had been brought down. Olmert pointed out that at the Camp David peace talks Barak had offered the Palestinians almost all of the West Bank and half of Jerusalem. Olmert declared, "This shows that anyone who dares to raise his hand against Jerusalem will be wiped...