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...rungs over 40 years, but he has absorbed a series of blows for his stewardship of the company during the financial crisis - particularly his bold takeover of Merrill Lynch in September 2008, which many critics believe was not worth the $50 billion price tag. Merrill went on to lose more than $15 billion in the fourth quarter last year; Bank of America's stock price has since fallen by half...

Author: /time Magazine | Title: Outgoing Bank of America Boss Kenneth Lewis | 10/1/2009 | See Source »

...Sayyaf appeared, however, to lose ground after the army launched a major offensive against the organization in August 2006. Shortly thereafter, Khadaffy Janjalani and two other high-ranking Abu Sayyaf leaders with important connections to funding in the Middle East were killed. According to one analyst, Abu Sayyaf is running low on funds, and no new leader has come forward to unite the disgruntled factions within the group. And once again, Abu Sayyaf is back to kidnapping for ransom money as a means of funding its operations. In January, the group held three Red Cross workers hostage, and analysts suspect...

Author: /time Magazine | Title: Abu Sayyaf | 10/1/2009 | See Source »

...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 and hunting lodges. "Like my forefathers, I feel it's my responsibility to bring us together to take action quickly or lose our greatest asset, both environmentally and economically." (Read "Can India Train Its Intractable Capital...

Author: /time Magazine | Title: Saving India's Endangered Lakes | 9/30/2009 | See Source »

...large shopping mall that opened in Drogheda four years ago at the height of Ireland's economic boom, Aaron Hodgins' menswear store is completely empty. The 34-year-old manager recently laid off two staff members and is worried he may lose his own job soon if sales don't pick up. He'll be voting no for the second time on Oct. 2. "There are too many countries [in the E.U.] now, and we'd just be sucked into it. Ireland won't have a voice in Europe and we'll be right down the pecking order," he says...

Author: /time Magazine | Title: The E.U.'s Future: Back in the Hands of Irish Voters | 9/29/2009 | See Source »

During the Harvard women’s soccer team’s preseason, whenever the opposing team scored first, the Crimson would lose...

Author: By Alex Sopko, CRIMSON STAFF WRITER | Title: Crimson Edges Out Quakers in Ivy League Opener | 9/28/2009 | See Source »

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