Word: lateraling
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Dates: during 2000-2009
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Reforms after the financial crisis were supposed to dramatically downsize what bank executives - including hotshot traders - get paid. But a year later, little seems to have changed. Banks, which have roared back to profitability this year, look poised to dole out billions of dollars in year-end bonuses for 2009. Alan Johnson, a top Wall Street compensation consultant, estimates that Wall Street Christmas pay will rise 35% from the figure a year ago. That means Wall Street bonuses could total as much as $19 billion...
...nation was wondering: WhereIsBalloonBoy.com. Inspired by the disappearance of 6-year-old Falcon Heene - which authorities now believe was a hoax - the playful site featured question marks next to a picture of a bird (a falcon, naturally) and was updated twice more as the story developed. It later depicted a falcon poking out from a cardboard box, where the boy was found hiding in the Heenes' attic. Within 24 hours, the site had been viewed by more than 23,000 people...
...year-old fishmonger, who crouched under a tarp with his 5-year-old daughter. When the tremor struck, Dullah fled his house with his 2-year-old son Fajar. But he was soon inundated by two waves of earth and lost his grip on the boy. Two days later, Fajar's body was found. Only six of Dullah's 31 neighbors survived. Marooned in such an isolated place, they had no idea that tragedy extended far beyond their own community. Learning that thousands probably perished in the quake, Dullah hugged his remaining child in his arms. "Compared to many people...
...misguided, even deluded," observes Andrew Selth, a Burma analyst with Australia's Griffith University, but the generals' fear of invasion is real and has been constantly stoked by Western actions and rhetoric. During pro-democracy protests in 1988, the U.S. deployed a naval taskforce off Burma's coast and later lumped the country with Iran and North Korea as an "outpost of tyranny." Whether real or perceived, Western hostility has prompted the junta to take two concrete actions: building one of Asia's largest standing armies, and seeking closer links with China and Russia, both permanent members...
...appeasement and say Than Shwe personally has blood on his hands. Aung Lynn Htut, a former Burmese diplomat and army major who defected to the U.S. in 2005, claims Grandfather personally ordered the massacre of 81 men, women and children on a remote Burmese island in 1998. Five years later, Than Shwe's thugs attacked the convoy of opposition leader Aung San Suu Kyi at Depayin, west of Mandalay, killing or injuring dozens of her supporters...