Word: distresse
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...Berlitz International to Japan's Fukutake Publishing for $265 million. But there is concern that the easy asset sales may all have been done, says Jeff Matthews of the New York City firm Rocker Partners, which has in the past sold short Maxwell stock. "Future sales might be distress sales," Matthews suggests...
...neonatologist's first paper on the subject, co-written by Harvard colleague Jere Mead '43, was published in 1959. In the paper, the authors studied the surface tension of lung extracts prepared from babies with hyaline membrane disease, which causes respiratory distress syndrome (RDS) and often leads to death...
...charges were far from the only ones leveled last week against B.C.C.I., which was shut down in July in most of the 69 countries where it operated. From Abu Dhabi to Zimbabwe, the repercussions of the bank scandal gathered force amid a new surge of allegations, investigations and financial distress. The depth and breadth of the mess prompted fresh questions about what government regulators should have done to prevent B.C.C.I. from growing into the largest corporate criminal enterprise in history. The major developments...
...criticism is partly self-fulfilling. "The westerners tell us, 'You're dumb. You can't do anything right,' " says Jorg Richter, a psychologist in east Berlin. "That makes people emotionally ill." The sense of psychic distress is so widespread that politicians often use the language of clinical psychology to discuss Germany's problems. Zukunftsangst is fear of the future. Wendekrankheit -- turnabout sickness -- describes the general malaise that has accompanied the sharp dislocations associated with unification...
Ossis certainly have good reason for distress. Of an eastern work force of 9 million, 840,000 are officially jobless and 2 million are being paid to do little or nothing on a government-subsidized system of "short-time work." When these job-protection agreements end, as many as 4 million easterners will lose even short-time work. That level would be catastrophic in any society, but is even more so in one with a deeply ingrained work ethic...