Word: june
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...Street dealer to a bank holding company, and more than tripled the firm's deposit base, which is a safer source of capital. And in a major break from the bank's 70-year history he de-emphasized investment banking as the driver of Morgan Stanley's profits. In June, he completed the purchase of a majority stake in Salomon Smith Barney's brokerage division, instantly turning Morgan Stanley, once an élite white-shoe institution, into the largest brokerage house in America. (See TIME's special report "The Financial Crisis After One Year...
...Truman, in his 1950 State of the Union address to mark the midcentury, predicted that "our total national production 50 years from now will be four times as much as it is today." It turned out to be more than 33 times as large. "It will be gone by June," promised Variety in 1955 - talking about rock 'n' roll. "It will be years - not in my time - before a woman will become Prime Minister," declared Margaret Thatcher...
...October, union leaders will have initiated broad-based discussions within its 5,800-person organization about the state of their current workplace to prepare for formal contract negotiations with the University, according to HUCTW director Bill Jaeger. The current three-year contract expires on June...
...Cowboys have been a tremendous investment for Jones, 66, who bought the team for just $150 million. With revenues of $280 million in the 2008 season, they rank third in revenues in the NFL, after the Washington Redskins ($345 million) and the New England Patriots ($302 million). In June the Dallas Morning News estimated that if the Cowboys draw an average of 80,000 visitors to their eight regular-season home games this year, Jones could see those revenues climb to about $360 million. The paper estimated that about $60 million of that increase would come from those pricey club...
...Qods Day speech for decades, was replaced by a more hard-line Ayatullah who gave remarks in addition to an introduction by Ahmadinejad. And regime representatives including Supreme Leader Ayatullah Ali Khamenei had warned the Green Movement opposition against using Qods Day as an opportunity to protest the contested June election result and the harsh treatment of prisoners during the post-election crackdown. Yet the chief opposition representatives (Khatami, Mehdi Karoubi and Mir-Hossein Mousavi) all publicly called for Iranians to come out on the streets on Friday - not to protest against the lack of Palestinian rights but to protest...