Word: herbst
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...over the past two years, as the crippling recession, the pullback in business travel, frozen credit markets, the decline in consumer spending and even President Obama's "anti-Las Vegas" comments took a hefty toll on casino companies. Gaming revenue plummeted and a flurry of companies, such as Herbst Gaming, Trump Entertainment and Station Casinos, filed for Chapter 11 bankruptcy protection. Stocks nose-dived, with major names losing more than 85% of their value from their October 2007 peak...
...Bank foreclosed on the $3.9 billion Cosmopolitan Hotel; only it couldn't find a buyer, so the bank is in the odd position of owning a casino - though given the way banks have operated in this decade, that seems like a logical business extension. Meanwhile, Station Casinos, Tropicana and Herbst Gaming have disproved the adage that you can't lose money owning a casino. They borrowed big and went bankrupt...
...they see the world and, perhaps more important, change the way many in the world see us. The next President will have in his first year in office a new instrument to manage one of the principal national-security challenges of the 21st century. Ambassador John E. Herbst, Coordinator for the Office of Reconstruction and Stabilization, U.S. State Department WASHINGTON...
...Scholl said. “He would save the ball and get it right up and out of the stick for a fast break the other way. He was keeping his head up and looking to do that every time.”Siena goalie Brent Herbst made nine saves over the course of play, while junior Joe Pike denied the Saints four times. Overall, Harvard outshot Siena, 28-21, and earned six ground balls to the Saint’s 11. Nick Smith stepped up to fill the shoes of graduated co-captain John Henry Flood, winning...
...Junior inductees are Ronald K. Anguas, Konika Banerjee, Curtis K. Chan, Yuyin Chen, Megan E. Galbreth, Gaurav Gulati, Lewis D. Hahn, Alexander N. Harris, Kristen K. Hendricks, Seth P. Herbst, Sara K. Heukerott, Ryder B. Kessler, Julius D. Krein, Jeremy Landau, Roger R. Lee, Tiankai Liu, Katy R. Mahraj, Andrew B. Malone, Jason C. Murray, Genevieve E. Orr, Jay S. Reidler, Timothy H. Schmidt, Carolyn A. Sheehan, and Jordan D. Teti —Staff writer Jamison A. Hill can be reached at jahill@fas.harvard.edu...