Word: grades
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Dates: during 1990-1999
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Glenn was bred to be a Republican and straddle racial lines. The youngest son of a retired grade school principal and counselor, he grew up in Columbus, Ga., with parents who stood out for their affiliation with the G.O.P. "My father believed in individual responsibility and less government," says Glenn. He spent his last three years of high school at Episcopal, a D.C.-area boarding school, before heading off to Davidson College, a favorite of Southern gentry. That was followed by stints as a legislative aide to Cochran, a policy assistant in the Bush White House and convention adviser...
STATUS Discovered in 1991 to be building a reactor able to produce weapons-grade material. Placed reactor under International Atomic Energy Agency safeguards and now party...
...compass points to Indonesian and Thai clients. In total, the bank has some $5 billion of derivative credit exposure in Asia. And Greenspan was quite right to be concerned about CIBC. The bank has nearly $1 billion in gross foreign derivatives with parties that are below "investment grade" (translation: risky...
...annual report, noting, "Management expects there will be an increase in nonperforming assets in 1998 primarily as a result of the deterioration of credit conditions in a number of Asian countries." Unlike other banks, Chase refused to talk publicly about its derivatives exposure with clients that are below investment grade, but it already has more than $1 billion in total nonperforming assets. A report issued by the OCC examiners puts its total credit risks from derivatives at $81.9 billion, four times stockholders' equity...
Caroline Stubbs will be the director ofadmissions at Paideia, which operates frompre-kindergarten through the 12th grade...