Word: investers
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...regulators took over Mutual Benefit, France's Groupe Axa S.A. agreed to invest $1 billion in Equitable Life, the third largest U.S. life insurer. The deal will give Axa at least a 40% stake in the company. Equitable, plagued by troubled real estate and junk-bond investments, had been seeking a partner to strengthen its finances. The company plans to make an initial stock offering once the Axa deal is completed...
...high-speed route linking Dallas with Houston and San Antonio -- a contract worth $5.8 billion on completion in 1998. In the past few years, additional TGV lines have been built toward Rennes in Brittany, Bordeaux in the southwest and Le Mans in the northwest; by 2010 the government will invest an additional $34 billion to add high-speed lines to places like Lille and Strasbourg...
...clans seem to enjoy considerable respect in Colombia, they are not universally admired. Some intellectuals protest that if the drug mafia's economic power is accepted, its values will eventually be countenanced as well. Critics are especially wary of the dynastic ambitions of the high-profile Rodriguez family. "They invest in the future," says a Bogota businessman. "They are thinking of the next generation, and the one after that...
...choice. Just last month Fox TV aired a new version, directed by John Irvin and starring Patrick Bergin. That Robin Hood is no instant classic. Its action scenes consist mostly of guys milling outside castles and roaring like juiced-up fans at a Midlands football match. But Bergin does invest the woodsman from the 1190s with a bit of 1990s Green Power. Waging guerrilla war against the ravagers of Sherwood Forest, Bergin is at one with his sylvan surroundings -- a butch Bambi...
...campaign. "Where are the rest of them?" he asks about rival Democratic candidates. "Here I am, a has- been, all alone." Public argument will help him become better known. What about the lack of political flair? Tsongas is asked. "I have obvious problems," he says. But Tsongas does not invest much concern in the dynamics of leadership. He believes politics is driven by ideas, not style. Nor do the organizational needs of a campaign hold his interest. Tsongas delegates broadly. With a certain satisfaction, he says he doesn't even know the people who are running his state campaigns...