Word: formalization
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...years ago this past weekend, Matthew Shepard died. He was 21 but looked maybe 17, and everyone who knew him called him Matt, never the more formal Matthew. He was mostly still a kid, but he became an international symbol after two men he met in a bar pretended to be gay, lured him into a truck, savagely beat him and left him to die tied to a fence on the outskirts of Laramie, Wyo. He held on for five days after being found but never recovered consciousness...
...Keating himself was convicted on 73 counts of fraud in 1993 and served 4 years in prison. Though the Keating Five emerged from the scandal legally unscathed - only Cranston received a formal reprimand - the political consequences have had more lasting effects. Cranston left office, while both Riegle and DeConcini opted out of running for re-election. McCain, for his part, has referred to his involvement in the affair as "the worst mistake of my life...
...Remember markets are global," an anxious Treasury official reminded journalists leaving the building after a briefing as word filtered through that the formal announcement of the rescue package had failed to immediately restore optimism in the market. At market close, London's FTSE-100 index had fallen by 5.18%, even though the bailout plan was swiftly followed by coordinated rate cuts in the U.S., Britain and elsewhere. France's CAC 40 closed 6.3% lower on the day, and Germany's DAX lost 5.9%. Certainly, at least some of the downwards momentum was generated the day before by sinking New York...
...declined TIME's request for comment on the leaked information about the Storm. But with a formal announcement expected by Wednesday, the Web buzz that began this spring about the hot new BlackBerry has turned into a roar...
...public input sessions this week. “This is to put to rest this whole hubbub,” Fowler-Finn told the audience on Wednesday night. The meetings were a result of the district’s Blue Ribbon Commission on Middle School Education, a formalized effort to study and improve the city’s middle school system. The Commission charged Fowler-Finn with presenting a set of recommendations to the school committee, based on feedback from administrators, teaching staff, and parents. On both nights, Fowler-Finn went over the pros and cons of four potential options...