Word: deposited
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...group general manager. In March, Sasol announced it was releasing more than $3 billion in shares--or 10% of the company's total value--to Sasol employees, black South Africans and other previously disadvantaged groups. A finance deal will allow buyers to own shares by putting down a small deposit, and since the shares are being sold below market price, they will offer an immediate return. The aim is to create 100,000 to 200,000 new shareholders...
...hackers, some of whom had gained access to government sites over the weekend. Managers were coached to explain to customers that their money was safe. It had little effect. A senior Georgian banking official told me that the equivalent of $100 million, or 3% of the country's total deposit base, was withdrawn from the National Bank of Georgia on Monday alone. Most normal days see a net increase in deposits. The State Bank of Georgia late Monday night declared a bank "holiday" for Tuesday...
...into a spiral of alcohol and depression. Certainly, Ivins' last months were tortured. He was twice hospitalized for depression, once after one of his counselors said he had threatened to kill his co-workers. By then law-enforcement officials had searched his home, his computers, his cars, his safe-deposit box, his office, his lab and all his e-mails. Agents had interviewed his children, showing his daughter pictures of the anthrax victims, according to Ivins' friends...
...very thick shag rug. "You can sit by the piano-shaped pool and sip cocktails from the retro bar," says Kevin Blessing, CEO of Beau Monde Villas, which manages the house. Alas, Ol' Blue Eyes' recording equipment is not connected for use. And there's a $1,000 security deposit because, as Sinatra crooned, accidents will happen after...
...banks and thrifts, there are well-defined procedures for dealing with insolvencies through the Federal Deposit Insurance Corp. But much of the financial action in recent years has moved to companies for which there is no such shutdown plan. When Wall Street firm and major mortgage player Bear Stearns experienced something akin to a bank run in March, the solution that Paulson and Bernanke came up with was a hastily arranged sale to JPMorgan Chase & Co., backed by a $29 billion guarantee from the Fed. The Fed is responsible for keeping prices stable and credit flowing. Bailing out troubled lenders...