Word: foundered
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Dates: during 2000-2009
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...DIED. DR. ZAKI BADAWI, 84, founder and principal of Britain's Muslim College and the country's most respected Islamic scholar; in London. Egyptian-born Badawi pioneered inter-faith dialogue in the U.K. and promoted a British form of Islam compatible with Western life. A critic of terrorism and defender of women's rights, Badawi would be remembered, in the words of British Prime Minister Tony Blair, as "a wonderful mix of spirituality and practicality...
...behemoth with a market value as high as $8 billion helped spark a broader M&A boom. Rivals in Japan's go-go Internet industry learned that they too could grow by gobbling up corporate minnows. "A lot of people have followed the Livedoor model," says Tom Sato, founder of Tokyo IPO, a financial-information website. Softbank has executed 140 mergers or acquisitions; Rakuten, Japan's leading online-shopping site, has executed 55 of them; Yahoo! Japan has done 24. Although Japan still accounts for only 5.6% of the world's M&A market, dealmaking has become an increasingly profitable...
...think [my mind is] still functioning, although I'm not as active as before. But enough to fight an election." LEE KUAN YEW, Singapore's Minister Mentor, announcing his plans to stand for office in the next general elections. The city-state's 82-year-old founder has run in 12 national polls since...
...will they say when they see a young lady with no experience, with no business knowledge?" Papadimitriou told Time that he had invited Athina to familiarize herself with the foundation, but would oppose any attempts she might make to join its board. "Ms. Roussel is the granddaughter of our founder and we recognize her as such. But putting her on the board is something entirely different. Onassis made no such provision," he said. "He didn't even name Christina as president." That's not a view Onassis' grandchild shares. With assets ranging from the shipping fleets to property in Paris...
...addition to acting and producing, Gere is also an accomplished pianist and humanitarian. He co-founded the Tibet House, a nonprofit organization committed to preserving Tibetan culture. A supporter of the Dalai Lama and Tibetan autonomy, Gere is a practicing Buddhist and founder of the Gere Foundation, which aspires to “assist the cultural survival of the Tibetan people through health, technological and educational projects,” according to the organization’s website...