Word: direness
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...Suisse's insurance arm, punched a €955 million hole in the books, as sagging equity prices took their toll on the unit's investment portfolio. And Credit Suisse First Boston (CSFB), the investment banking side, recorded a net loss of €423 million. But in spite of the dire numbers, Mack insists that the company is on track to return to profitability in 2003. Some analysts concur. "They are addressing the right issues," says Heinrich Wiemer, an analyst at Sal. Oppenheim in Zurich. "They are trying to work out the legacies of the past." Those legacies? Badly timed investments...
...January after failing to secure a narrow, right-wing coalition. But the real contest for Prime Minister has already begun. Benjamin Netanyahu, Sharon's old nemesis and new Foreign Minister, wasted no time throwing his hat in, saying he wanted the top job because "the country is in dire straits and we have to get it out." His unsubtle implication: Sharon botched it. The two men publicly disagreed on the U.S.-authored "road map" to Israeli-Palestinian peace, which involves an immediate handover of cash owed the Palestinian authority and, by 2005, a Palestinian state. Netanyahu said the prospect...
Even jury duty in Los Angeles is glamorous. During jury selection at the shoplifting trial of actress Winona Ryder, at least half a dozen people connected to the film industry went through voir dire. At the end of the process, Peter Guber, former chairman of Sony Pictures, ended up being impaneled. Guber revealed that while he was head of the studio, his company made a film with Ryder, but after promising he could be objective, he was selected to serve. Guber, who heads Mandalay Entertainment, will have to lay off Daily Variety for a while. The judge has forbidden jurors...
...Bush Administration remains deeply skeptical about Kim's motivations, and debate rages over what his acknowledgement of the nuclear program portends. He remains firmly in charge of his country, but there's no question that it is in dire shape. Few have enough to eat, and 45% of children under the age of 5 suffer chronic malnutrition. Farms lie fallow without fertilizer, and at least 6 million of North Korea's 22 million people depend on international food aid. Most factories are closed and rusting for lack of power, and the only things lit at night in the North...
Despite the general trend of dire play, Harvard did post some impressive sequences and consistent efforts...