Word: held
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Dates: during 2000-2009
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...unlike its much larger financial rivals, Cantor never made home loans. It trades mortgage bonds, but never held onto bundles of those bonds hoping to make a big profit. That means Cantor has not had to suffer the same credit crunch that its larger rivals have been struggling with for more than six months as many of those loans or bonds have gone bad. Many firms have had to pull back from some trading businesses, or go out of business all together...
...drug gangs. Deputy Attorney General Salvador Ortiz says U.S. aid would be a valuable asset in fighting the gangs. He also says it would be useful to have U.S. agents work more closely in the training of Mexican police and prosecutors, a marked change from the aggressive nationalism long held by many Mexican officials. "It is positive for us to move toward a more American-style system of law enforcement," Ortiz says. "And to do this, it is constructive to have U.S. agents sharing advanced techniques of evidence-gathering and investigation...
India has been able to benefit from its large and well-armed navy, but not all Asian countries have such military capability. Though nearly half the hostages held by Somali pirates are Filipino, the Philippine government has been unable to influence ship owners to negotiate ransoms or take military action. The International Seafarers Action Center (ISAC) in the Philippines says 122 Filipino seafarers are currently being held captive, which includes the 23 onboard the MV Stolt Strength, a Japanese-owned chemical tanker that was hijacked on Nov. 10 last year. ISAC secretary-general Joseph Entero says the ship's owner...
...rescue of poor countries' sailors." On Wednesday, Secretary of State Hillary Clinton announced steps including tracking and freezing assets of pirate gangs, and pressing Somali authorities to shut down pirate land bases, while also calling for a greater global response to secure the release of ships still held in the region. So far, there is little coordination between the various navies patrolling the area, which now include NATO, French, British, U.S., Chinese, South Korean, Singaporean and Russian navies. "Collaboration among countries takes time; it doesn't happen overnight. It takes time to build up the relationship, the trust," says Toong...
...last month alone, employees and union officials have held no less than five company CEOs captive after they had announced major staff cuts or plant closures. On March 31, PPR president Fran?ois-Henri Pinault had to be rescued by police after outraged staff surrounded his car following the disclosure of 1,200 job eliminations throughout his distribution group. Such exceptional French acts of intimidation didn't begin with the current recession. Bossnappings have been occurring sporadically in France in response to major staff cuts since 2000, after having been central to frequent factory occupations by radical labor unions...