Word: germanize
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That's left Northern Rock hanging. But while the bank may have been brazen to rely so heavily on the markets, as a solvent lender with a good quality loan book, the hit it has taken from the subprime mess was unexpected. While French, German and Dutch banks have come clean in recent weeks over their direct exposure to low-quality U.S. real estate loans, it was the barren money markets those loans helped create that upset Northern Rock's model...
...asked all the time was, What happened? and then, How did you feel?" says Novick. The answers make a much chronicled war fresh, real and heartbreaking--an elderly woman weeping like a child about being shipped to an internment camp or Senator Daniel Inouye recalling rifle-butting a German prisoner who was reaching, it turned out, not for a gun but for some family photos. "That's war," Inouye says grimly...
...break up a terrorist cell bent on amassing and purifying a huge cache of highly explosive hydrogen peroxide, the German authorities looked not only far and wide, but right in their back yards. Over the course of many months, hundreds of security agents worked together to uncover the plot, overcoming hurdles of logistics and imagination that tripped up American authorities in the months before September 11th...
...three suspects do not fit the stereotypical mold of “suicide bombers”—none are Arabs, and two are German citizens (though all are Muslims)—and thus wouldn’t have been snared by a simplistic campaign of racial profiling. Complicating things further, the preliminary stages of the plot were conducted in the neighboring towns of Ulm and Neu-Ulm, which, despite being on opposite banks of the Rhine river, are in different states and are policed by separate departments. But unlike in America, where, before 9/11, FBI agents...
Despite these challenges, the German authorities kept a watchful eye on the three would-be bombers, allowing the evidence to mount while ensuring that the public was never threatened—even secretly swapping concentrated hydrogen peroxide with a much more dilute mixture...