Word: loss
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...last editorial that he wrote, Lasantha Wickrematunge lamented the loss of Sri Lanka's independent voices. "Much of the media has been bought, or cajoled and bullied into silence. Dozens of journalists are dead and others have been incarcerated without trial for months," he wrote in the Jan. 4 issue of his paper, the Sunday Leader. "Who then survives to provide the public with a contrarian view...
...death is a personal loss to TIME. Wickrematunge had been a freelance reporter for us since 2002, and I am the third South Asia bureau chief to benefit from his patient and perceptive explanations of Sri Lanka's complex history and politics. For 25 years, its government has been fighting a brutal armed separatist movement, the Liberation Tigers of Tamil Eelam (LTTE), in a conflict that has claimed more than 65,000 lives. The Tigers, who pioneered the use of suicide bombers, are agitating for a separate homeland for Sri Lanka's ethnic Tamils--a response to decades of suppression...
...departed, but his legacy there was larger than life. A native of Birmingham, Ala., the iconoclast, who died Jan. 8 at 78, fought the city's segregationist leaders in the early 1960s. His vigorous condemnation of the 1963 church bombing that killed four young black girls led to the loss of his law practice...
...Deutsche Bank (DB), the largest bank in Germany, said it would post a loss of $6.4 billion. Analysts believe the red ink at Citigroup (C) could be more than $10 billion. Bank of America is expected to turn in a $3.6 billion loss. Those figures do not include JP Morgan (JPM), Wells Fargo (WFC), Morgan Stanley (MS), Goldman Sachs (GS) and a number of deeply troubled overseas companies including UBS (UBS), Credit Suisse (CS), and Barclays...
...With just a few days to go until the nation's largest banks report earnings, forecasts for how they will do diverge wildly. Of the analysts covering Citigroup (C) the most optimistic believe that firm will lose $.47 a share. The most pessimistic number is a loss of $1.57. For a company covered by as many researchers as Citi is, that spread is extraordinary...