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...many observers, considering who has been calling for heads to roll after the bank's staggering losses from allegedly unauthorized speculative activity by Jérome Kerviel, a junior derivates trader. Earlier in the week, French President Nicolas Sarkozy led a parade of government officials signaling expectations that the highest ranks of the bank's management would step up and assume responsibility in the affair. "We are in a system where, when you have a big salary - which is without doubt legitimate - and there is a big problem, you cannot escape your responsibilities," Sarkozy said Monday, in an evident reference...
...second in the 60-meter dash with a time of 7.80 seconds. Junior Elissa Reidy took second in the triple jump with a personal-best 11.85 meters. “This was a real breakthrough meet for me,” Stanton said. “This is the highest I’ve jumped this early in the season. I’ve jumped 3.70 before, but typically my highest height’s at the end of the season when we’re sort of peaking.” Four other women scored...
...Numbers The fertility rate of 2.1 children per woman in 2006 is the highest it has been since 1971 and higher than it was during the baby boomlet of the early 1990s, when 4.1 million children were born each year for two years...
...Shareholder's did what shareholders almost always do: they went for the highest bidder, on Jan. 8 voting to reject Singapore's overture. This cleared the way for CNAC to sweeten the pot. But while the vote may have seemed like the free market at work, the Chinese government isn't about to let the invisible hand shape its air travel industry. By green-lighting CNAC's $1.9 billion hostile bid, Beijing actually steered the proceedings toward what it really wants: by consolidating China's fledgling and fragmented airline industry, regulators aim to form a Chinese "supercarrier" capable of competing...
...Americans watch from the sidelines and long for cease-fire, because the good news about falling abortion rates only illuminates the bad news underneath: Close to half of all pregnancies in the U.S. are unintended, and 40% of those end in abortion. The U.S. still has one of the highest teen-pregnancy rates in the developed world - nearly twice as high as England and Canada, eight times as high as the Netherlands and Japan - and in December, the Centers for Disease Control reported that the teen birth rate rose for the first time in 15 years. Likewise, the U.S. abortion...