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Word: firming (lookup in dictionary) (lookup stats)
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...Chrysler shares now in the hands of Cerberus. Fiat will eat further into the Cerberus stake, and it also has the option of tapping into Daimler AG's remaining stake in Chrysler as a way to build its stake to 55%, according to Rebecca Lindland of the consulting firm of Global Insight...

Author: /time Magazine | Title: So Who Owns Chrysler Now? | 1/23/2009 | See Source »

...Pfizer (PFE) has already fired thousands of people. Most recently it cut 800 researchers and 2,400 sales personnel. The drug firm probably would have been more brutal if it could have been. (See TIME's A-Z Health Guide...

Author: /time Magazine | Title: Pfizer and Wyeth: A Merger as a Way to Fire People | 1/23/2009 | See Source »

...development teams working on drugs which may not even be tested for two or three years. Putting the two corporations together is not likely to make the combined operation grow faster. It is not like putting two search engine companies together because having more market share allows the new firm to raise prices as it delivers more customers than any of its competition...

Author: /time Magazine | Title: Pfizer and Wyeth: A Merger as a Way to Fire People | 1/23/2009 | See Source »

Back in Atlanta, Ossie and his currency-trading outfit also followed the classic Ponzi approach, the SEC alleges. The agency says he was guaranteeing 10% to 20% returns every 30 days, had an accounting firm proving legitimacy, and used the lure of lots of ground-floor investor winnings when CRE went public. It had planned for a $100 million stock offering later this year...

Author: /time Magazine | Title: Beyond Madoff, Ponzi Schemes Proliferate | 1/23/2009 | See Source »

...After law school, clerked for a U.S. Court of Appeals judge who had been appointed by Ronald Reagan, according to the New York Daily News. She was later employed by a private law firm, where she spent time working on behalf of client Philip Morris. Altria, as Philip Morris is now called, donated $17,000 to Gillibrand's 2008 campaign. During the Clinton Administration, Gillibrand worked as a lawyer for the Department of Housing and Urban Development under Andrew Cuomo. She later returned to private practice, working for the law firm Boies, Schiller & Flexner...

Author: /time Magazine | Title: N.Y. Senator Kirsten Gillibrand | 1/23/2009 | See Source »

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