Word: gaine
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...sent. The day before the D-day landings in 1944, Dwight Eisenhower--not much obvious charisma there--sat down and wrote a short message that would be made public in the event that the next day went horribly wrong. "Our landings in the Cherbourg-Havre area have failed to gain a satisfactory foothold," Ike wrote, "and I have withdrawn the troops. My decision to attack at this time and place was based upon the best information available. The troops, the air and the navy did all that bravery and devotion to duty could do. If any blame or fault attaches...
...with whom the Israelis have had to negotiate over a cease-fire in Gaza and the release of captive soldier Gilad Shalit. The movement's leaders believe that Israel will cut a deal with Hamas to free Shalit and ease the blockade of Gaza because both sides stand to gain from such a deal, and neither much minds if that further weakens Abbas' authority. (Watch a video about Israel's lonesome doves...
...considered by U.S. policymakers to be "too big to fail." The crisis has also created a premium for those firms willing to take on more risk in trades. According to company data, Goldman - which converted to a commercial bank at the height of the crisis in order to gain easier access to cheaper government credit - has significantly reduced its leverage ratio, which measures how much money it borrows, from 27.9 at the beginning of 2008 to 14.2 today. At the same time, Goldman has increased the amount of money it is risking on a day-to-day basis...
...Iceland sees the E.U. as a safe haven from the world's harsh economic winds. In particular, euro membership would allow it to ditch the crippled krona. The E.U. would gain a new member with similar values to its own, which would help strengthen its reach as a global power. In return, Iceland can expect accession talks to move at a double-quick pace. As a member of the European Economic Area (EEA), Iceland already has access to the E.U.'s single market. It is also part of Europe's border-free Schengen zone, and virtually all the other...
...essential issue moving forward is persuading a skeptical consumer base that its vehicles are worthy of consideration," says Jack Nerad, an analyst with Kelly Blue Book. "GM has lost at least a full generation of consumers, and it must not only solidify its base but gain new adherents," he says. Early indications are positive, says Nerad, but far from conclusive. "GM has demonstrated that it can do that with products like the Camaro," he says, "but it must do that with more than a few stand-out models...