Word: lateraling
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Dates: during 2000-2009
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...plan - which has effectively split the company in two - is working. And while Citi Holdings, in which Citi has stuck its mortgage loans, is still in bad shape, Citi officials say Citicorp, which the bank calls its "core" investment bank and its retail bank divisions, is on the mend. Later this week, Citi plans to complete the first stage of a deal to swap a large chunk of its preferred shares for common stock, which will greatly improve the financial standing of the bank - though it will also more than quadruple the company's shares outstanding and result...
...Mezquita as an unfortunate hiccup in the history of what was always meant to be a Christian church. Some passages go so far as to dismiss the originality of the structure, claiming that almost all of the architectural elements were copied from Christian buildings, while others accuse a later Muslim addition to the edifice as being merely an “ostentatious display of power,” and even worse, cheaply constructed...
...stringer for Houston newspapers and then made his way into radio before being hired by the United Press, the spunky cousin of the Associated Press. During World War II, Walter was UP's man in London, a colleague of the legendary Homer Bigart of the New York Herald Tribune, later of the New York Times; Andy Rooney, then with Stars and Stripes; and Ed Murrow, the incomparable voice of CBS News. Murrow was stunned when Cronkite turned down an offer to become one of Murrow's Boys, as the CBS all-star lineup was called. Cronkite preferred the all-news...
...1980s, the Air Force launched the short-lived Air Defense Initiative, designed to shoot down Soviet cruise missiles launched toward the U.S. "It's an embryonic program that addresses threats that will exist by the late 1990s," a top Air Force planner said in 1986. Five years later, of course, the Soviet Union collapsed. But that threat - while it has yet to materialize - still lives on in the toolbox of those pressing Congress to spend real money to fight hypothetical threats...
...Left Faridkot in 2005 to follow in his older brother's footsteps as a laborer; Qasab found work in Lahore and later worked as a decorator in Rawalpindi. Disappointed with his meager earnings, he conspired with a friend to commit robberies. In 2007 he came into contact with the LeT and joined their ranks, hoping to develop military skills. (See pictures of a jihadist's journey...