Word: exits
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Dates: during 2000-2009
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...District Court Judge Jed Rakoff, who is hearing the case, has said he wants to limit the case to the facts surrounding the relationship between Starr and AIG. Rakoff says he will not allow jurors to hear testimony about the accounting scandal that led to Greenberg's AIG exit or anything related to the insurance company's recent financial troubles, which resulted in a huge government bailout. Excluding the circumstances of Greenberg's exit may make it hard for AIG to prove that he ended Starr's AIG compensation plan because he was angry he had lost...
...Emerged as the leading challenger to Ahmadinejad after former President Mohammad Khatami, the leading moderate candidate, dropped out of the race in March, explaining that he did not want two reformist candidates to split the opposition vote. (Others have suggested his exit was spurred by fears of assassination if he remained in the race...
Other buying opportunities will arise as Western banks, particularly those that have been bailed out by their governments, exit the world stage in order to refocus on their home markets. When these institutions regain their strength and start venturing out again, however, they may well find Chinese and other Asia-Pacific banks ensconced and thriving in many parts of the global marketplace - and ready to challenge them on their home turf...
When it comes to policy, however, Obama's message becomes a tougher sell. He may have sought to distinguish his Administration from its predecessor on issues ranging from treatment of detainees to an exit date in Iraq and a renewed push for Israeli-Palestinian peace, including a tougher line against Israel's expansion of West Bank settlements. But many of the policies that most aggrieve the Muslim world remain intact, and any changes will be slow in coming. Obama arrives in Cairo as the commander of a military whose deployment in Iraq continues, while its engagement in Afghanistan is steadily...
...London Ignoble Exit Michael Martin became the first Speaker of the British House of Commons in 300 years to be ousted, resigning May 19 amid an outcry over his attempt to block London's Daily Telegraph from publishing details of lawmakers' expense-account abuses. So far, 80 members of Parliament have been singled out for absurd write-offs, from porn to diapers...