Word: fire
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...familiar with trading practices and simply accepted Madoff's explanation that he used his "gut feel" to time the market on the basis of "his observations of the trading room." According to the report, examiners stated that "there was no training" and that "this was a trial by fire kind of job." It also said that examination team was "composed entirely of attorneys, who ... 'did not have much experience in equity and options trading' but 'rather, their experience was in general litigation.' " (See pictures of a Madoff family album...
...Even in Vietnam, when these models of individual heroism largely broke down—no longer could one line up manfully, toe to toe with the enemy—American forces were still provided with opportunities for bravery as they navigated the jungle under constant threat of sniper fire...
...Burmese military regime is tightening its grip on the country ahead of the nationwide election it has announced for next year. Since taking power in 1962, the exclusively ethnic Burman, or Burmese, junta has largely tamed an unruly patchwork of 100-plus ethnic groups, in part by signing cease-fire accords and granting certain minorities a modicum of regional autonomy. But with the upcoming election, ethnic groups with standing armies - such as the Kokang, the Kachin, the Karen and the Wa - have been given until October by the junta to refashion themselves as a centrally controlled border force, or forgo...
...offer. Soon afterward, gun battles erupted between the Burmese military and elements of Peng's Myanmar National Democratic Alliance Army, as the Kokang militia is known. Throughout August, the Burmese army made incursions into the Kokang enclave, a region it had largely kept out of since the 1989 cease-fire was signed. The initial reason given by the junta for its forays into Kokang territory was that a weapons factory there was being used to churn out illegal narcotics. Several of the ethnic militias in that part of northeastern Burma have financed themselves through the drug trade...
...step last week of castigating the junta for the Kokang situation. The Chinese Foreign Ministry warned Burma that it should "properly handle domestic problems and maintain stability in the ... border region." The stability-obsessed Chinese government presumably isn't pleased with gun battles on its southern flank, including stray fire that claimed the life of a Chinese citizen in Yunnan...