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...Europe, Santander has come out ahead with its 2007 purchase of a chunk of ABN Amro. Santander joined forces with the Royal Bank of Scotland and Belgium's Fortis to buy the ailing Dutch giant for $103.7 billion. But while both RBS and Fortis are now on the casualty list themselves, Santander's $17 billion stake in the Brazilian wing of ABN Amro is worth about $49 billion after merging with Santander's existing business in Brazil. In 2007, the firm spent just under $10 billion for Italy's Banca Antonveneta, which it promptly sold off for a $3.74 billion...
...thousands of people to e-mail the White House or petition local representatives. It has also convinced MTV to include games in all its campaigns. "No other media enables you to literally run in someone's shoes," says Stephen Friedman, general manager of the music network. (See Techland's list of the best video games of the past decade...
...refreshing to see that track-and-field phenomenon Usain Bolt was chosen to be on the short list for Person of the Year [Dec. 28--Jan. 4]. The selection of a formidable athlete who has revolutionized the world of sports is a welcome change from the politicians and dignitaries who are usually recognized. Congratulations to Bolt for a fantastic year...
...punishment that could await Democrats at the polls in 2010 if unemployment remains high and no steps are taken to deal with voter concerns about the deficit. The memo also cited polling showing many voters may be sympathetic to populist appeals. When asked to choose from a list what makes them most upset, 40% of respondents chose the phrase "big banks and Wall Street getting handouts while nothing is done for working Americans" as either their first or second choice. By contrast, the phrase "not enough is being done to create jobs" was chosen by only 16% of voters...
Rahim had been tried and convicted by Pakistan, but he and three suspected accomplices were apparently released in January 2008. All four were added to the FBI list late last year...