Word: jobbing
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...will end anytime soon. The bank still owes the government $45 billion from this past year's financial-rescue effort, and Citi executives said the bank would like to repay the government soon. Last June, in an unusual move, Citi hired investment banker James von Moltke for the sole job of heading the bank's corporate-disposal effort...
...world's population, their combined consumption was only about $2.5 trillion in 2008. During the boom, China and the rest of Asia reaped enormous benefits from a mercantilist growth model that was tied increasingly to the voracious appetite of the American consumer. Unfortunately, Asia did not do a good job in hedging that bet. The U.S. could now be in the early stages of a multiyear consumption retrenchment, making the problems of an unbalanced, export-dependent Asian economy even more acute...
...serving in the same squadron during World War II--and recovering from Japanese attacks in the same South Pacific--island hut--the two men became lifelong confidants. When Kennedy moved into the White House, he rewarded Fay's efforts in Kennedy's early political career with the No. 2 job in the Department of the Navy, over the objections of Defense Secretary Robert McNamara...
...speaking in Selma, Ala., surrounded by civil rights pioneers. Obama cast his run for the White House as a fulfillment of the Moses tradition of leading people out of bondage into freedom. "I thank the Moses generation, but we've got to remember that Joshua still had a job to do. As great as Moses was ... he didn't cross over the river to see the promised land...
...against a weak dollar and also against inflation. No one is listening to Warren Buffett, who describes the metal as having no utility, something that gets dug out of the ground, melted down and then buried again in another hole guarded by people who are paid to do the job. "Anyone watching from Mars," says the Sage of Omaha, "would be scratching their head...