Word: lateraling
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Dates: during 2000-2009
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...though, has much at stake in any proceedings, as well. The agency drew plenty of fire for its part in the bungled "Al-Yamamah" probe. (Britain's High Court ruled in 2008 that the SFO had acted unlawfully in scrapping the inquiry, a decision later overturned by the House of Lords.) And the prosecution of BAE for overseas corruption would be only the second such case against a British firm. Building contractor Mabey & Johnson was last month fined $10.5 million for similar offenses dating back to the early 1990s. (Read: "The Gulf: An Exquisite Balancing...
When McColl retired in 2001, Lewis took over. But rather than retrenching as most people expected, Lewis proved he liked the art of the deal as much as McColl. In 2003, Bank of America bought Boston-based bank Fleet for $47 billion. Two years later he spent $35 billion to buy credit card giant MBNA. And as the credit crisis began to unfold, Lewis picked up Countrywide, which at its height was the nation's largest independent mortgage lender, for just over $4 billion...
...flow of pollutants into these water bodies. Following up on suits that began in 1982, the state's high court directed the government in 2007 to consider establishing a Lakes Development Authority, implement a "no-construction zone," undertake continuous de-silting steps and other restrictive measures. Two years later, none of the court's directives have been implemented. "There's too much political finger-pointing and not enough problem solving," says Arvind Singh Mewar, whose ancestors built the lake system and who now heads HRH Hotels, a chain of 12 heritage properties, including five in Udaipur, converted from family palaces...
...After joining the Free Democratic Party (FDP) in 1980, Westerwelle later founded its youth organization, the Junge Liberale...
...sanctions. But Iran has hardly been in an accommodating mood. A week ago it wrote to the International Atomic Energy Agency (IAEA) to reveal that it was building a uranium-enrichment facility in the mountains near Qom. (Obama announced the existence of the hitherto secret facility four days later, and U.S. officials claimed that Tehran had preempted him only because it was aware that it had been caught red-handed.) (See pictures of people around the world protesting Iran's election...