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...populist anger against his firm and Wall Street in general. His claim that he and his colleagues were "doing God's work" was openly mocked. Washington is still contemplating ways to rein in finance-industry risk-taking, pay and profits. Expect more outrage soon as Goldman hands out huge year-end bonuses, which could average more than $700,000 per employee, just as Main Street's unemployment checks...
...Mexican cartels subcontract Honduran groups to move drugs for them - sometimes "executing" those accused of stealing the product, Gonzalez alleged. And they have also been buying up real estate and businesses to launder money and provide bases for operations. "We found one huge hacienda bought by Mexicans with landing strips for major aircraft," he said, showing the photo of a concrete runway built in a seized jungle property. The traffickers have also been unloading an increased amount of crack onto the Honduran market, which is sold on corners by street gangs like the Mara Salvatrucha, he said...
...charged with illegally transporting arms. But according to experts, they were only tiny cogs in a global network for arms trafficking that feeds off the castaway pilots and planes of the former Soviet Union. Suspected smugglers like Russian Viktor Bout have used the system to transport weapons, as have huge U.S. military contractors like Kellogg, Brown and Root (KBR), though not for illegal purposes. And while the flight crews like the one stopped in Thailand face the prospect of long prison terms, the people behind this global arms-shipping service remain hidden in the shadows...
...Gillette Like phone service, razors are a commodity (and not exactly hip ones either). Plus, Gillette has a huge market share. So the company can play it either way. If Gillette holds on to Woods - what, you're not going to shave because he's a bit of a hound? Alternatively, if Gillette dumps Woods and misses out on his triumphant comeback, it's doubtful that consumers will start switching razor brands (unless, perhaps, he endorses Bic out of spite). Yet Procter & Gamble, Gillette's parent company, is no fan of controversy. "P&G is known as being a traditional...
What's been good for Centcom has also been good for the high-tech U.S. arms industry. Despite the global recession, Arab states have signed huge deals for U.S. military hardware, whose sophistication has been on full display in two long wars in the neighborhood. Petraeus said countries in the region now deploy eight Patriot missile-interceptor batteries - up from zero a few years ago - made by Raytheon Corp. And the Pentagon last month announced that Kuwait had ordered upgrades of its Patriot missile system, in a deal worth $410 million. But Raytheon isn't the only beneficiary of anxiety...