Word: greenes
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Dates: during 2000-2009
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...Green initiatives. They're tricky things: entirely noble and admirable in concept, but complete nuisances when brought from abstraction to reality. For example, when the Winthrop House REP tells you that she has some "exciting green news," you know you've got to brace yourself. Because now you're only going to have one napkin dispenser on each table in Winthrop...
...flood insurance when there's a 1 in 3 chance that you'll need to use it? That's generally not a gamble insurers like to take. Fortunately for Green River Valley, King County belongs to the National Flood Insurance Program, which means that residents cannot be turned down for flood insurance (unless they've built something in direct violation of regional flood codes, that is), and that effectively, even though some 90 insurance companies administer the policies, it is the government providing the insurance itself. "There is nobody in the Green River area that should not be able...
...India unless someone finds a way to put the brakes on its long list of misfortunes. Inadequate sewage systems, overgrowth of hyacinths, industrial waste pollution, deforestation and heavy lakeshore development have left the lake with plastic bottles and other debris lining its once pristine edges. (See the top 10 green ideas...
...proved disastrous. For the 18 months ending in June, HSBC's U.S. personal-financial-services business posted pretax losses of $20 billion. In March, HSBC announced its consumer-finance operation wouldn't issue any more loans and would begin winding down its business (except for credit cards). Chairman Stephen Green said in a statement at the time that the Household purchase was one "we wish we had not undertaken." (See pictures of the global financial crisis...
...HSBC isn't completely turning its back on the West. Green, the chairman, will remain in London, as will HSBC's official world headquarters. Yet HSBC's return to Asia is still an important signal of where the bank and the world economy believes it will find new growth. "The self-styled 'world's local bank' is realizing some locales are more important than others," noted an editorial in the South China Morning Post, Hong Kong's largest English-language newspaper. "It has taken an extraordinary financial crisis for the bank to see that its future lies where its roots...