Word: grips
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Dates: during 2000-2009
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Early this year, the company was in the grip of what Murren calls an "intense, very dire liquidity crisis." MGM Mirage's joint partner on CityCenter, the Dubai World subsidiary Infinity World, had sued MGM Mirage and stopped putting money into the project. Unable to find other sources of capital, the casino company was left with two choices: walk away from CityCenter or try to work out a deal with MGM Mirage's bankers. (See the 10 worst business deals...
However, many of these proposals are funded through money that is already legislated for use, and, given the economic realities of the moment, encouraging job growth is far more important than fiscal prudence. The government should look to break the grip of the recession and reject calls to curb necessary domestic spending...
...Tension between the government and West Bank settlers has been rising since November, when Netanyahu's cabinet called for a 10-month pause in construction, in response to pressure from the U.S. and Europe to stop expanding its grip on territories captured in the war of 1967. Obama had hoped a settlement freeze would enable a resumption of peace talks, because the West Bank and East Jerusalem (together with Gaza) are seen by the Palestinians as the basis of a future state. But the settlers' concept of Israel's boundaries derives from the Bible, and they fear that the government...
...kinds of celebrity crash. The first, like Tiger Woods' on Nov. 27, is accidental. You leave your house and drive your car into a tree, 911 is called, the authorities become involved, and the incident cannot be contained by the walls of your estate or the iron grip of your publicist. You give cryptic answers and implore the media (and cops) to respect your privacy. Anyone with further questions can see your official statement...
...major reason parents overschedule kids is to pull them away from mind-numbing electronic devices. Also, shame on you for underplaying how members of the media fuel parental protectiveness. It would be much easier to loosen the grip if the media stopped preying on parents' worst fears...