Word: financees
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HIGH FINANCE $4 billion Estimated amount the leveraged-buyout firm Blackstone Group will raise by taking 10% of its stock public later this month $2.33 billion Estimated amount the company's two co-founders will earn by selling some of their shares in the initial public offering
DEFINITION kon-flikt ko-ko n: Profits from the cocoa trade used to finance civil war in Africa's Ivory Coast
USAGE Cocoa joins "blood diamonds" as a natural resource used to underwrite strife. Look for more groups to call attention to the bloodshed that First World countries and consumers may unwittingly finance.
His main rival from Wallonia is Didier Reynders, the head of the liberal Reform Movement (MR), a 48-year-old energetic business-oriented conservative who hopes to catch some of the bounce from Nicolas Sarkozy's recent victory in France. Reynders, who is also Finance Minister, was even in Paris...
Iran's role in Iraq is a different story. Some Iraqi and American officials are certain that Iran knows something about the kidnapping of the five British contractors on May 31. The sophistication of the attack - the kidnappers arrived at the Shi'a-run Ministry of Finance in 40 police...