Word: giants
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...head of the former line is beleaguered giant Citigroup, which is currently negotiating with the Treasury Department to swap common stock in the company for some of the $45 billion in preferred stock that the government has purchased so far to shore up the bank's finances. The advantages for Citi are that it wouldn't have to pay dividends on the common stock, and certain capital ratios would improve. In return, the government would get more of an upside if Citi were to return to health, plus effective control of the company. Whether the government's stake would rise...
...twelve-year-old’s Jar Jar Binks-themed birthday party. Me-sa wants a big underwater rollie coastie. Imagine all-a the food-a being cotton candy and gummies shaped liked me-sa, Jar Jar Binks! Exskweeze me! Me-sa needing never-ending snow cone and a giant gumdroppa palace, but in this economic climate, I hardly believe it would be worth the long-term effect to our investment capital to build an underwater rollie coastie. O-kee day? [2] 5. Ahem, the problem with Harvard’s student body is that we have too many...
...getting ready to take on one of the biggest legal controversies in Russia's history. Many of the cases from Russia that come before the ECHR are small or are duplicate complaints submitted by different plaintiffs. But in January, the ECHR announced a doozy: it said oil giant Yukos, which was effectively shut down by Moscow in 2006, three years after its boss, Mikhail Khodorkovsky, was thrown into prison on charges of fraud and tax evasion, could proceed with a lawsuit seeking $34 billion in damages against the Russian government. It is the largest claim the ECHR has agreed...
...fans in attendance at the Harvard women’s basketball (15-8, 7-2 Ivy) game against Princeton (9-14, 4-5 Ivy) last Friday, then you missed arguably the most exciting game the Lavietes Pavilion has seen all school year. The giant “H” that lies prominently at half court almost seemed to stand for “Houdini” rather than “Harvard” in the second half of the game...
Representative Eric Cantor has a giant mounted photo propped like a canvas on a chair in the corner of his office in the Capitol. The image seems like an innocently iconic one - a shot of the National Mall from Congress - until a staffer explains that it's the view from the Virginia Republican's old office when the GOP controlled the House, and it's there to serve as a daily reminder of what he's working toward: regaining the majority...