Word: looming
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There is still a moral basis for intervention, and the U.N. dare not flunk a test case of its ability to cope with the ethnic wars that increasingly loom as the greatest threat to world peace. So far, however, public opinion in the U.S. and Western Europe has not seen any strategic or humanitarian interests at sufficient risk to justify the sacrifice of one soldier's life. Even a carefully planned intervention that matches adequate force to clear and achievable political aims may not change that opinion. A slapdash expedition for unclear ends would have no chance...
...owners and managers of companies in Chapter 11 can do very well for themselves, thank you, even as creditors take a beating. William Farley put his $3 billion empire, which includes Fruit-of-the-Loom apparel, into Chapter 11 last year. But analysts say Farley could keep as much as $100 million of his personal fortune and homes in Chicago, Aspen and Maine. In Washington, real estate developer Dominic Antonelli Jr. has reached agreement with his creditors in a $700 million Chapter 11 case that would allow him to keep, among other things, $1.9 million in cash along with stock...
...themselves behind swelling battle lines, unable or unwilling to communicate completely, receding into an old 90s-style dogmatic jingoism. For most, it would probably seem preposterous to identify shades of distinction between Finns and Lithuanians or between "Spanish Americans" and "Latin Americans" when larger, more fundamental conflicts seems to loom ahead...
...troubling questions loom as the East Europeans slowly turn capitalist. Will they have the patience to endure still more dislocation? And will the pattern of optimism, pain and disillusion be repeated in Russia, on a vastly greater scale and with far more dire consequences...
...think you should pause before spurning the safety of a savings account or Treasury bill just because rates are low. Stocks are no bargain (though some fire-sale real estate may be). And I think that Albert Einstein, if not Marilyn Monroe, is likely to loom as large 1,000 years from now as Van Gogh. So given the choice between a little piece of Einstein for $15,000 or a work by Van Gogh for $15 million (and given $15 million), I would opt for the Einstein, spend a further $28 on socks (to give the economy a little...